this is a store that sells lots of things for lower prices than most other stores. some people that have lots of money are buying options in the hope they can make a lot more money if the store does well. some of these people are thinking it might do bad so they are buying options for that too. so we will have to wait and see what happens! Read from source...
https://redd.it/u7wk7
In this article, DealsRegulationsPsychedelicsJobs ResearchMy StocksToolsFree Benzinga Pro Trial CalendarsAnalyst Ratings CalendarConference Call CalendarDividend CalendarEarnings CalendarEconomic CalendarFDA CalendarGuidance CalendarIPO CalendarM&A CalendarSPAC CalendarStock Split CalendarTrade IdeasFree Stock ReportsInsider TradesTrade Idea FeedAnalyst RatingsUnusual Options ActivityHeatmapsFree NewsletterGovernment TradesShort InterestMost ShortedLargest IncreaseLargest DecreaseCalculatorsMargin CalculatorForex Profit Calculator100x Options Profit CalculatorRecentMarketsA Closer Look at Walmart's Options Market Dynamicsby Benzinga Insights, Benzinga Staff Writer October 1, 2024 12:30 PM | 4 min read | Make a Comment
NEUTRAL
Title: A Closer Look at Walmart's Options Market Dynamics
Sentence 1: Deep-pocketed investors have adopted a bearish approach towards Walmart WMT, and it's something market players shouldn't ignore.
Sentence 2: Our tracking of public options records at Benzinga unveiled this significant move today.
Sentence 3: The identity of these investors remains unknown, but such a substantial move in WMT usually suggests something big is about to happen.
Sentence 4: We gleaned this information from our observations today when Benzinga's options scanner highlighted 29 extraordinary options activities for Walmart.
Sentence 5: This level of activity is out of the ordinary.
Sentence 6: The general mood among these heavyweight investors is divided, with 24% leaning bullish and 65% bearish.
Sentence 7: Among these notable options, 18 are puts, totaling $747,290, and 11 are calls, amounting to $1,199,345.
Sentence 8: Expected Price Movements
Sentence 9: Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $66.67 to $110.0 for Walmart over the last 3 months.
Sentence 10: Volume & Open Interest Trends
Sentence 11: In today's trading context, the average open interest for options of Walmart stands at 7058.28, with a total volume reaching 22,142.00.
Sentence 12: 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 $66.67 to $110.0, throughout the last 30 days.
Sentence 13: WMT Option Volume And Open Interest Over Last 30 Days
Sentence 14: Biggest Options Spotted:
Sentence 15: 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.
Sentence 16: Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.
Sentence 17: Today, Walmart operates over 4,600
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