Unpacking the Latest Options Trading Trends in Walmart
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Walmart (NYSE:WMT) show a predominantly bearish sentiment among large investors, with 66% of trades being bearish. The trades include 5 puts totaling $298,733 and 4 calls totaling $262,487. Analysts maintain a positive outlook with an average price target of $76.2.
June 27, 2024 | 4:17 pm
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Recent options trading trends for Walmart indicate a bearish sentiment among large investors, with 66% of trades being bearish. Despite this, analysts maintain a positive outlook with an average price target of $76.2.
The bearish sentiment in options trading suggests that large investors expect Walmart's stock price to decline in the short term. However, the positive analyst ratings and price targets indicate a longer-term bullish outlook. This mixed sentiment could lead to short-term volatility in Walmart's stock price.
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