Walmart Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Walmart (NYSE:WMT) through significant options trading activity. Benzinga's options scanner highlighted 22 extraordinary options activities, with 63% of the sentiment being bearish. The trading activity suggests a price target range of $56.67 to $80.0 for Walmart over the next three months. Analysts have mixed ratings on Walmart, with target prices ranging from $71 to $81.
July 05, 2024 | 7:32 pm
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Significant options trading activity indicates a bearish sentiment towards Walmart, with 63% of the sentiment being bearish. The trading activity suggests a price target range of $56.67 to $80.0 over the next three months. Analysts have mixed ratings on Walmart, with target prices ranging from $71 to $81.
The significant bearish sentiment in options trading, with 63% of the sentiment being bearish, suggests that investors are expecting a decline in Walmart's stock price. The mixed analyst ratings and target prices further indicate uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100