Deep-pocketed investors are optimistic about Walmart WMTand that’s something market participants shouldn’t ignore. Our monitoring of public options records at Benzinga revealed this significant move today. The identities of these investors remain unknown, but such a significant move in WMT usually indicates something big is about to happen.

We gleaned this information from our observations today, when Benzinga’s Options Scanner highlighted 28 exceptional options activities for Walmart. This level of activity is unusual.

The general sentiment among these heavyweight investors is divided: 42% are optimistic and 39% are pessimistic. Among these notable options are 11 puts totaling $621,065 and 17 calls totaling $926,819.

What is the course objective?

After evaluating trading volumes and open interest, it is evident that the key market drivers are focused on a price range for Walmart over the past three months between $56.67 and $80.00.

Analysis of volume and open interest

In today’s trading context, the average open interest for options on Walmart is 2685.94, with total volume reaching 10,452.00. The attached chart shows the evolution of call and put option volume as well as open interest for high-profile trades on Walmart located within the strike price range of $56.67 to $80.00 over the last 30 days.

Walmart 30-Day Options Volume and Interest Rate Summary

Notable options activity:

About Walmart

Walmart is the leading retailer in the United States. Its strategy is based on highest operational efficiency and on offering consumers the lowest-priced goods to drive store traffic and product sales. Walmart complemented its low-price strategy by offering a convenient one-stop shopping destination with the opening of its first Supercenter in 1988. Today, Walmart operates over 4,600 stores in the United States (5,200, including Sam’s Club) and over 10,000 stores worldwide. Walmart generated over $440 billion in domestic revenue in fiscal year 2024, with Sam’s Club contributing an additional $86 billion to the company’s revenue. Internationally, Walmart generated $115 billion in revenue. The retailer serves approximately 240 million customers worldwide each week.

After a thorough review of the options trading surrounding Walmart, we examine the company in more detail, including an assessment of its current market status and performance.

Current position of Walmart

• With a volume of 9,477,351, the price of WMT is up 0.33% at USD 75.95.
• RSI indicators suggest that the underlying stock may be overbought.
• The next results are expected to be published in 80 days.

What analysts say about Walmart

5 market experts have recently provided ratings for this stock, with a consensus price target of $81.0.

• An analyst at TD Cowen maintains his stance and continues to recommend Walmart as a “buy” with a target price of $85.
• An analyst at Roth MKM maintains his stance and continues to recommend Walmart as a “buy” with a target price of $81.
• An analyst at Evercore ISI Group has decided to maintain his “outperform” rating on Walmart, which currently stands at a price target of $80.
• A Goldman Sachs analyst remains firm in his assessment and continues to recommend Walmart as a “buy” with a price target of $81.
• A Barclays analyst has decided to maintain his “overweight” rating on Walmart, which currently stands at a price target of $78.

Options are a riskier asset than pure stock trading, but have greater profit potential. Serious options traders manage this risk by educating themselves daily, entering and exiting trades, following more than one indicator, and closely monitoring the markets.

If you want to stay up to date on the latest options trades for Walmart, get real-time options trade alerts from Benzinga Pro.