Walmart Options Trading Surges as Investors Hold Mixed Views
On September 24th, Walmart (WMT.US) saw significant options trading activity. The total volume for the day reached 115,150 contracts, with put options accounting for 39.5% and call options making up 60.5%. This suggests that investors were largely bearish on Walmart's stock, but also held some optimism.
The open interest in Walmart's options stood at approximately 1.08 million contracts by the end of the trading day, representing 88.31% of the average over the past 30 days. This indicates a substantial increase in investor activity and positions that have not been closed yet.
One unusual option trade caught attention: 1,695 contracts for a call option with a strike price of $120.00 expiring on September 17th, 2027 were traded at a price of $108.65. This ranked first among the day's most active trades and reflected a turnover of $1.52 million.