A big company called Walmart has some people who think it will do well in the future. They are buying something called options, which is a way to bet on how much the company's stock price will change. Most of these people expect the price to go up and a smaller number of them expect it to go down. Read from source...

- The title is misleading, as it suggests that only "smart money" is betting on WMT options, while in reality, there are different types of investors with varying levels of intelligence and expertise who may have different opinions and strategies.
- The article does not provide any evidence or data to support the claim that smart money is betting big on WMT options. It relies on vague terms like "whales" and "bullish stance" without defining them or explaining how they are measured or identified.
- The article focuses too much on options history, which may not be relevant or indicative of the current market situation. Options history can be influenced by many factors, such as supply and demand, liquidity, volatility, expiration date, etc., that may have changed since the trades were opened.
- The article does not consider other possible reasons why investors may be opening trades on WMT options, such as hedging, arbitrage, speculation, or sentiment. It assumes that all trades are driven by a bullish outlook on WMT's performance and stock price, which may not be accurate or objective.
- The article does not provide any analysis or commentary on the underlying factors or drivers that may affect WMT's options and stock price, such as business fundamentals, earnings, growth prospects, competition, regulation, etc. It only reports the numbers and trends without explaining their significance or implications for investors.
- The article does not disclose any potential conflicts of interest or biases that may influence the author's perspective or credibility. For example, the author may have a personal stake in WMT's stock price, receive compensation from third parties for promoting WMT's options, or have a predetermined agenda to persuade readers to buy WMT's options.

1. Buy WMT calls at strike price of $120 with an expiration date of June 18, 2021. This option offers a potential return of 15% if WMT reaches or exceeds $135 by the expiration date. The risk is that WMT could decline below $120 and result in a loss of capital. The recommendation is based on the following factors:
- Smart money is betting big on WMT options, indicating high conviction and positive outlook from institutional investors.
- WMT has reported strong earnings and sales growth in recent quarters, driven by its e-commerce and grocery segments.
- WMT has a dividend yield of 1.7% and a low payout ratio of 36%, providing income and capital appreciation potential for investors.
- WMT has a forward P/E ratio of 24.9x, which is slightly above the industry average of 23.8x, but justified by its growth prospects and market leadership.
- WMT faces some challenges from Amazon (AMZN) and other online retailers, but has been expanding its digital presence and omnichannel capabilities to compete effectively.