Walmart Unusual Options Activity For June 02
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Walmart (NYSE:WMT) on June 2, with a bearish stance taken by a large investor. Benzinga's options scanner spotted 17 uncommon options trades, with 29% bullish and 70% bearish sentiment. Whales have been targeting a price range of $130 to $155 for Walmart over the last 3 months.

June 02, 2023 | 8:30 pm
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A large investor has taken a bearish stance on Walmart (NYSE:WMT) with unusual options activity observed on June 2. Whales have been targeting a price range of $130 to $155 for Walmart over the last 3 months.
The unusual options activity observed for Walmart indicates that a large investor has taken a bearish stance on the stock. This could potentially lead to a short-term negative impact on the stock price, as it suggests that the investor may have information or expectations that the market has not yet priced in. The targeted price range of $130 to $155 also provides an indication of where the investor believes the stock price may be headed in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100