A Closer Look at Walmart's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Walmart (NYSE:WMT), as revealed by Benzinga's options scanner. The scanner highlighted 41 extraordinary options activities, with 53% of the trades being bearish. The significant options trades include 28 puts totaling $1,740,332 and 13 calls amounting to $622,758. Analysts maintain an average target price of $79.4 for Walmart, with the next earnings report scheduled in 3 days.
August 12, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Deep-pocketed investors have shown a bearish sentiment towards Walmart (NYSE:WMT), with 53% of options trades being bearish. This could indicate potential short-term downward pressure on the stock price. Analysts maintain an average target price of $79.4, with the next earnings report scheduled in 3 days.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options trades, suggests potential short-term downward pressure on Walmart's stock price. The upcoming earnings report in 3 days could further influence the stock's movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100