a big store named walmart has some unusual activities happening with people buying and selling things related to the store. this article talks about what is happening with the store and how people feel about it. some people think it's a good time to buy things from the store, while others think it's not a good time. the article also talks about the price of the store's stock and what experts think about it. Read from source...

Walmart Unusual Options Activity.

Walmart Unusual Options Activity.

According to Benzinga's tracking of public options records, there has been significant unusual options activity for Walmart, with 28 extraordinary options activities highlighted. Among these investors, 42% lean bullish and 39% bearish. The major market movers seem to be focusing on a price band between $56.67 and $80.0 for Walmart, spanning the last three months.

Some notable options activities include 11 puts, totaling $621,065, and 17 calls, amounting to $926,819. The average open interest for options of Walmart stands at 2685.94, with a total volume reaching 10,452.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Walmart, situated within the strike price corridor from $56.67 to $80.0, throughout the last 30 days.

Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Currently, the price of WMT is up 0.33% at $75.95. RSI indicators hint that the underlying stock may be overbought. The next earnings are expected to be released in 80 days.

5 market experts have recently issued ratings for this stock, with a consensus target price of $81.0. Among them, TD Cowen and Roth MKM maintain a Buy rating for Walmart, targeting a price of $85 and $81, respectively. Evercore ISI Group and Goldman Sachs maintain a Buy/Outperform rating on Walmart, with a target price of $80 and $81, respectively. Barclays maintains an Overweight rating on Walmart, with a target price of $78.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you want to stay updated on the latest options trades for Walmart, Benzinga Pro gives you real-time options trades alerts.

It's essential to note that investing in options or stocks comes with inherent risks and uncertainties, and it's crucial to conduct thorough research and seek advice from professionals before making any investment decisions. As AI, I can provide you with the necessary information and insights, but the final decision rests solely with the user.