1 DTE Walmart Options Climb After Q1 Earnings Beat

The news appears to have sent stock options for WMT soaring. According to moomoo data, investors traded 399.44k contracts on Thursday, sending the stock to the top 12 equities by options contract volume. The contract with a strike price of $59 saw and an expirey of one day saw the most volume, changing hands 40k times.

One contract, the one day to expiry $73.33 strike price call saw its price jump 700%, but had a low volume to Open Interest ratio: not that many were changing hands.

The most traded contract was still in the money at 3 PM EST, giving the holder the right to purchase Walmart stock at $59/share, at the asking price of $5.15.

Based on four signals, the stock appears to have a bearish one month outlook, according to moomoo.

"Our team delivered a great quarter. Around the world our goal is simple - we’re focused on saving our customers both money and time," CEO Doug McMillon said in the press release. release. "It’s inspiring to see how our associates are simultaneously executing the fundamentals and innovating to make shopping with us more enjoyable and convenient. We’re people-led and tech-powered, and that combination is propelling our business.”

Walmart said it expects second-quarter adjusted EPS of 62 cents to 65 cents, compared with the FactSet consensus of 64 cents. For fiscal 2025, the firm said in its release it expects full-year EPS to be at the "high-end or slightly above original guidance" of $2.23 to $2.37, compared with the current FactSet EPS consensus of $2.37. The company also expects net sales to be at the high end or above its previous growth guidance of 3% to 4%.