Smart Money Is Betting Big In WMT Options
Portfolio Pulse from Benzinga Insights
Investors are taking a bearish stance on Walmart (WMT) through options trading, with 55% of trades being bearish. Significant options activity suggests a price target range of $40 to $85. Analysts maintain positive ratings with price targets around $80.
September 09, 2024 | 8:15 pm
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Investors are showing a bearish sentiment on Walmart through options trading, with 55% of trades being bearish. The options activity suggests a price target range of $40 to $85. Despite this, analysts maintain positive ratings with price targets around $80.
The significant bearish options activity suggests that investors expect a potential decline in Walmart's stock price. However, analysts maintain positive ratings, indicating a mixed sentiment. The options activity is a strong indicator of short-term market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100