Mixed options sentiment in Wal-Mart (WMT), with shares down 36c near $127.56. Options volume relatively light with 53k contracts traded and puts leading calls for a put/call ratio of 1.05, compared to a typical level near 1.06. Implied volatility (IV30) dropped 0.75 near 26.62,and above the 52wk median, suggesting an expected daily move of $2.14. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart Stock (WMT) Wilts as PhonePe Faces $5B IPO Valuation Slump
- Best Buy price target lowered to $66 from $73 at Truist
- Target price target raised to $130 from $105 at BMO Capital
- Walmart Launches Third African Store as Customers Look for Tech and Value
- “Fresh Leadership Boost”: Penny Stock Plug Power Pops 20% on Q4 Earnings and New CEO Announcement
