WMT

Premium $1.84 · Break-even $99.66 · Δ -0.36

Selling this put captures attractive premium with a break-even of 99.66 USD, which sits comfortably below the psychological support level of 100 USD.

Buy: Buy back to close the position when the option premium decays below 0.40 USD.

Sell: Sell to open when WMT stock trades between 102.00 USD and 103.70 USD.

Premium $0.55 · Break-even $95.45 · Δ -0.14

This contract is a low-cost, high-leverage option best suited for a rapid and sharp breakdown below the 52-week support floor.

Buy: Buy this contract if WMT breaks below the 100.00 psychological level on high volume.

Sell: Sell to close if the premium doubles to 1.10 or if the stock price bounces above 105.00.

Premium $0.39 · Break-even $123.39 · Δ 0.12

This deep out-of-the-money contract has a low delta of 0.12, making it less likely to yield significant gains within our short-term target horizon.

Buy: WMT stock price breaks above the 200-day SMA of 118.50 with strong volume expansion.

Sell: WMT stock price reaches 118.00 or option loses 50% of its purchase value.

Premium $1.88 · Break-even $99.12 · Δ -0.36

This near-the-money put contract offers an optimal balance of premium and delta to profit from a continuation of the downward momentum toward the 52-week support.

Buy: Buy this contract if the stock price remains below 103.50 with steady down-volume.

Sell: Sell to close if the stock hits 96.50 or if the premium drops to 0.50 to cut losses.

Premium $2.01 · Break-even $99.99 · Δ -0.37

Selling this put generates solid income with a break-even just under the psychological 100 USD support level.

Buy: Sell to open if WMT stock trades between 101.00 and 104.00.

Sell: Buy to close if premium drops below 0.60 or stock falls below 96.00.

Premium $0.54 · Break-even $95.96 · Δ -0.14

An exceptionally safe premium collection play as the strike is at the 52-week low, yielding a highly protective break-even of 95.96 USD.

Buy: Buy back to close the position when the option premium decays below 0.15 USD.

Sell: Sell to open if the option premium is at or above 0.50 USD.

Premium $1.73 · Break-even $120.23 · Δ 0.39

This LEAP contract offers an attractive entry point near the current spot price with a decent delta of 0.39, allowing participation in long-term upside at a lower premium cost.

Buy: The spot price pulls back to 114.27 and the contract premium falls below 1.50.

Sell: The underlying price breaks above 119.50 or the contract premium gains 50%.

Premium $0.37 · Break-even $122.87 · Δ 0.12

With a low delta of 0.12 and a high strike of 122.5, this contract is a low-probability play that requires a major upside breakout beyond the 200-day SMA to become profitable.

Buy: WMT stock shows exceptionally strong volume and crosses above 118.50 USD.

Sell: WMT struggles to maintain its 50-day SMA or the contract premium drops below 0.15 USD.

Premium $0.56 · Break-even $94.94 · Δ -0.14

A cheap out-of-the-money put that will appreciate significantly in percentage terms if the critical support level at 96.05 is breached.

Buy: Underlying price breaks below 101.50 on rising volume.

Sell: Underlying price drops to 96.50 or premium reaches 1.50.

Premium $1.90 · Break-even $98.60 · Δ -0.36

This near-the-money put option offers high delta exposure to capture the impending drop towards the 52-week low before September expiration.

Buy: Underlying price drops below 102.00.

Sell: Underlying price hits 96.50 or option premium doubles.

Premium $1.73 · Break-even $118.23 · Δ 0.39

This call option offers a reasonable 0.39 delta and a break-even of 118.23, which aligns well with our target price near the 200-day SMA. The long duration mitigates theta decay during a short-term consolidation phase.

Buy: WMT stock breaks and holds above 114.50 USD.

Sell: WMT stock reaches 118.50 USD or the contract premium falls below 0.85 USD.

Premium $1.81 · Break-even $119.81 · Δ 0.40

This long-term call option offers decent sensitivity with a 0.4 delta and becomes highly profitable once WMT overcomes SMA200 resistance to target its previous highs.

Buy: Buy if the underlying WMT stock pulls back to $114.00, lowering the premium entry cost.

Sell: Sell if the stock hits $121.00 or if the option premium drops below $0.90.

Premium $1.75 · Break-even $118.75 · Δ 0.40

This near-the-money contract offers moderate delta to capture the short-term upward swing toward the 200-day SMA with minimal time decay impact.

Buy: WMT stock price rises above 115.00.

Sell: WMT stock price reaches 118.00 or option premium drops below 1.20.

Premium $0.41 · Break-even $124.41 · Δ 0.13

A deep out-of-the-money call with a low 0.13 delta, making it a speculative choice despite the long duration.

Buy: Buy only if WMT breaks and holds above the 200-day SMA of $118.51 on above-average volume.

Sell: Sell if the premium doubles to $0.82 or if WMT drops below $110.00.

Premium $0.51 · Break-even $95.49 · Δ -0.14

This out-of-the-money strike is aligned with the 52-week low, offering an exceptionally high margin of safety.

Buy: Buy to close if the contract premium decays to 0.15 USD.

Sell: Sell to open if the stock price remains above 100.00 USD and implied volatility begins to crush.

Premium $2.10 · Break-even $100.40 · Δ -0.38

Buying this near-the-money long-dated put provides high delta exposure to capitalize on WMT's ongoing technical breakdown.

Buy: Buy if WMT's price drops below $104.00.

Sell: Sell to close if WMT hits the $96.50 target price or breaks above $111.00.

Premium $1.89 · Break-even $98.61 · Δ -0.36

Buying this put option provides a solid hedge against a major breakdown of the 100.00 support level, backed by a strong negative MACD trend.

Buy: WMT stock price falls below 101.50 with sustained bearish MACD momentum.

Sell: WMT stock price rebounds above the 20-day SMA of 110.64 or the option premium doubles.

Premium $1.81 · Break-even $99.19 · Δ -0.36

Writing this put allows high premium collection near major support at $100.00, capitalizing on oversold conditions.

Buy: Buy to close if the contract premium drops below 0.50 USD.

Sell: Sell to open if WMT stock price stabilizes above 101.50 USD with RSI bouncing from oversold.

Premium $0.47 · Break-even $95.03 · Δ -0.13

This strike sits below the 52-week low support and is highly likely to decay as WMT rebounds.

Buy: Do not purchase this out-of-the-money put.

Sell: Sell if held, or write the option if WMT confirms support above 101.

Premium $0.59 · Break-even $96.41 · Δ -0.14

An out-of-the-money put option offering leveraged gains if WMT breaks past its 52-week low.

Buy: Buy if WMT's price drops below $103.50.

Sell: Sell to close if WMT reaches $97.00 or if the trade is stopped out above $108.00.

Premium $0.62 · Break-even $96.88 · Δ -0.15

A highly affordable low-delta put option that serves as a cheap speculative vehicle to play a potential break of the $97.50 support level.

Buy: Buy the contract if WMT stock breaks below $104.00, confirming further downward momentum.

Sell: Sell the contract if WMT stock drops to $97.50 or if the option premium rises to $1.50.

Premium $2.09 · Break-even $99.41 · Δ -0.36

Selling this put captures a rich premium of $2.09, establishing a highly attractive break-even price of $99.41 close to key support.

Buy: Buy to close if the option premium falls below $0.50 as WMT rebounds.

Sell: Sell to open if WMT shares trade between $101.50 and $103.50.

Premium $0.70 · Break-even $95.80 · Δ -0.16

Writing this out-of-the-money put offers a conservative income strategy with a break-even of $95.80, which sits below the 52-week low.

Buy: Buy to close if the option premium drops below $0.15.

Sell: Sell to open if WMT stock drops towards $101.00, boosting the put premium.

Premium $2.14 · Break-even $100.86 · Δ -0.38

Buying this near-the-money put leverages the strong bearish momentum and high volume trend with a break-even of $100.86.

Buy: Buy the contract if WMT stock trades below $105.00 with expanding downward volume.

Sell: Sell the contract if WMT stock drops to $97.00 or the contract premium doubles to $4.28.

Premium $0.64 · Break-even $97.36 · Δ -0.15

Writing this out-of-the-money put yields attractive premium income with a highly defensive break-even of $97.36, near the 52-week low.

Buy: Sell to open when WMT stock price trades between $103.00 and $105.00.

Sell: Buy to close when the contract premium drops to $0.10 or if WMT falls below $95.00.

Premium $2.20 · Break-even $101.80 · Δ -0.37

This put option provides exposure to a breakdown below the key 104 support level with a reasonable premium and delta of -0.37.

Buy: WMT stock price is above 106.50 to acquire the option for 2.20 or less.

Sell: WMT stock price reaches 98.00 or the premium rises to 4.50.

Premium $2.26 · Break-even $102.24 · Δ -0.38

This long-dated, near-the-money put offers excellent exposure to the breakdown with minimal near-term theta decay. The contract's 0.38 delta ensures rapid premium growth as price heads to the target.

Buy: Buy the contract when WMT stock price falls below 106.00 USD.

Sell: Sell the contract when WMT stock price reaches 98.00 USD or the contract premium reaches 4.50 USD.

Premium $0.71 · Break-even $98.29 · Δ -0.16

A highly leveraged out-of-the-money play targeting the major 52-week support floor. This option is ideal for capturing an accelerating capitulation down to the target range.

Buy: Buy the contract when WMT stock price drops below 105.50 USD.

Sell: Sell the contract when WMT stock price hits 99.00 USD or the premium reaches 1.50 USD.

Premium $2.17 · Break-even $101.33 · Δ -0.38

Buying this protective put offers a robust long-term downside hedge if the critical support at $103.50 fails to hold.

Buy: WMT price drops below $103.50 on high volume.

Sell: WMT price falls to $95.00 or recovers above $112.00.

Premium $0.70 · Break-even $97.80 · Δ -0.16

A highly leveraged, low-cost OTM put option that becomes extremely profitable if WMT tests its 52-week low of 96.05.

Buy: WMT stock price drops below 103.00.

Sell: WMT price falls to 92.00 or the premium reaches 1.50.

Premium $2.01 · Break-even $99.99 · Δ -0.36

Buying long-term puts at the bottom of an oversold cycle with a high volatility premium is inefficient, as WMT is expected to recover long before 2026.

Buy: Never, unless WMT breaks permanently below 96.00 with deteriorating fundamentals.

Sell: Immediately to cash in remaining premium before mean reversion occurs.

Premium $2.11 · Break-even $102.39 · Δ -0.37

Buying this put is unappealing with WMT highly oversold and sitting right above the 104.5 strike support. Premium is rich and likely to decline if the stock undergoes a technical bounce.

Buy: Only buy if WMT breaks decisively below 104.00 USD on high volume.

Sell: Avoid buying or close existing positions if WMT begins to rebound toward 109.00 USD.

Premium $0.54 · Break-even $97.96 · Δ -0.14

A low-cost, low-delta put contract suited for tail-risk hedging against a major structural breakdown below the 52-week low.

Buy: Buy when WMT share price climbs back to $109.50 on a temporary relief rally.

Sell: Sell if the stock breaks below $98.00 or if the contract gains 150%.

Premium $2.08 · Break-even $104.42 · Δ -0.37

Selling this put generates immediate premium income while establishing a conservative break-even price of 104.42.

Buy: Buy to close the contract when the premium decays below 0.40.

Sell: Sell to open the contract when the underlying WMT stock price is between 107.00 and 108.50.

Premium $2.03 · Break-even $103.47 · Δ -0.37

This contract provides an attractive delta of -0.37 for a long-term hedge against a deeper breakdown below the 105 support level.

Buy: Buy if WMT stock price falls below 105.00 on increasing volume.

Sell: Sell to close if the stock recovers above 112.00 or to lock in profits if the stock reaches 95.00.

Premium $1.98 · Break-even $102.02 · Δ -0.36

This contract offers a solid risk-reward ratio to hedge long-term downside exposure once WMT's short-term oversold bounce runs out of steam.

Buy: Buy when WMT shares rally to $110.00, allowing the option premium to cheapen.

Sell: Sell if WMT falls to $95.00 or if the option premium doubles.

Premium $1.93 · Break-even $103.07 · Δ -0.36

This near-the-money 2026 put offers a strong delta of -0.36 to capitalize on the bearish trend with significant time value.

Buy: Buy when WMT drops below 107.00 with elevated trading volume.

Sell: Sell when the stock price falls to the target of 101.00 or if the option premium gains 50%.

Premium $0.51 · Break-even $98.99 · Δ -0.13

A highly out-of-the-money option that is cheap but highly speculative, requiring a significant break below the 100 level.

Buy: Buy if WMT breaks below the psychological level of 101.00.

Sell: Sell if WMT rebounds above 110.00 or the premium decays by 50%.

Premium $0.56 · Break-even $99.44 · Δ -0.14

Deep out-of-the-money long-term put that will suffer heavily from time decay and an expected recovery in the underlying stock price.

Buy: Buy only if spot price drops below 102.00 on high volume.

Sell: Sell to close immediately if the stock stabilizes above 109.00.

Premium $0.60 · Break-even $98.40 · Δ -0.15

This far out-of-the-money put offers a cheap long-term hedge with a low delta of -0.15, though near-term gains are unlikely due to oversold conditions.

Buy: Buy as a portfolio insurance overlay if WMT rises above 108.00 USD to lock in cheap downside protection.

Sell: Sell if WMT breaks below 100.00 USD to capture spike in implied volatility.

Premium $0.59 · Break-even $100.41 · Δ -0.14

This out-of-the-money contract aligns its 100.41 break-even almost exactly with WMT's 52-week low, making it a highly secure write.

Buy: Buy to close the contract when the premium decays below 0.15.

Sell: Sell to open the contract when the WMT stock price trades below 108.50.

Premium $0.63 · Break-even $96.87 · Δ -0.15

A highly leveraged out-of-the-money put that acts as cheap tail-risk insurance if WMT breaks its 52-week support.

Buy: Buy if the stock breaks below 102.00 on high volume.

Sell: Sell if the stock rebounds to 110.00 or if the premium drops by 50%.

Premium $2.01 · Break-even $103.99 · Δ -0.37

As WMT stabilizes near 108 with oversold indicators, buying this near-money put carries high decay risk and limited upside if support holds.

Buy: Avoid buying unless WMT breaks below 104 with heavy volume.

Sell: Close or avoid the position as WMT rebounds towards 112.

Premium $0.55 · Break-even $99.95 · Δ -0.14

The 100.5 strike is below key 52-week support, making this out-of-the-money put highly likely to expire worthless as WMT finds a bottom.

Buy: Avoid buying unless a systemic market crash threatens the 100 support level.

Sell: Avoid buying, or exit immediately if already held as the premium decays.

Premium $0.64 · Break-even $100.86 · Δ -0.15

With a strike price very close to the 52-week low, this low-delta put is highly likely to expire worthless as WMT initiates a short-term recovery.

Buy: Avoid buying this contract as a speculative long trade under current conditions.

Sell: Sell to open immediately to capture the 0.64 premium as WMT stabilizes near 109.00.

Premium $2.16 · Break-even $104.84 · Δ -0.38

As WMT stabilizes and rebounds from oversold levels, the premium on this out-of-the-money put will decay rapidly.

Buy: Avoid buying unless hedging a large long position if WMT breaks below 104.00.

Sell: Sell to open the put option if WMT successfully tests and bounces off 108.00 support.

Premium $0.62 · Break-even $96.38 · Δ -0.15

This cheaper out-of-the-money put offers high leverage if WMT experiences a sharp capitulation to its 52-week support. However, it carries lower probability of expiring in-the-money.

Buy: Buy the contract if WMT stock price breaks below $103.50.

Sell: Sell the contract if WMT hits $97.50 or if the option premium falls below $0.20.

Premium $2.03 · Break-even $100.47 · Δ -0.36

This near-the-money put option carries a high premium and is highly vulnerable to rapid theta decay if WMT bounces from its current oversold level.

Buy: Buy if WMT breaks below $102.00 on high volume.

Sell: Sell if WMT rebounds to $108.00 or the contract value falls to $1.00.

Premium $0.66 · Break-even $95.34 · Δ -0.15

The 96 strike is below WMT's current 52-week low of 96.98, offering an excellent margin of safety. Selling this put yields a high-probability income-generation setup.

Buy: Buy back to close if the contract premium falls below 0.15.

Sell: Sell to open at a premium of 0.66 or higher near the 96.98 support level.

Premium $2.16 · Break-even $100.84 · Δ -0.38

Buying this long-dated put offers an affordable downside hedge with a strike sitting just below current levels.

Buy: Buy if the stock falls below 104.00, confirming further weakness.

Sell: Sell if the stock recovers above 112.00 or if the option premium doubles.

Premium $2.30 · Break-even $102.70 · Δ -0.37

Buying this slightly out-of-the-money long-term put provides high delta exposure to capture the bearish breakdown with a massive duration cushion.

Buy: Buy if WMT stock breaks below 106.50 on high volume.

Sell: Sell when the contract premium reaches 5.00 or if WMT rises above 111.00.

Premium $0.75 · Break-even $98.75 · Δ -0.16

An ultra-low-cost put option targeting a deep correction below the 52-week low with minimal capital layout.

Buy: Buy if WMT falls below 106.50.

Sell: Sell if the premium doubles to 1.50 or if WMT breaks back above 110.00.

Premium $1.53 · Break-even $93.97 · Δ -0.22

Well-positioned to capture the downside momentum with additional time-decay cushion compared to the September contract.

Buy: Underlying price drops below 102.00.

Sell: Underlying price reaches 96.50 or option premium touches 3.00.

Premium $3.13 · Break-even $121.63 · Δ 0.45

With a delta of 0.45 and an extra month of duration, this contract provides solid exposure to WMT's long-term growth with a higher probability of profit.

Buy: WMT spot price falls below 114.50 and the premium drops to around 2.75.

Sell: WMT spot price surpasses 120.00 or the contract premium gains 40%.

Premium $1.27 · Break-even $123.77 · Δ 0.24

The strike is relatively far out of the money compared to the current target price, making the premium of 1.27 less attractive than the deeper in-the-money options.

Buy: WMT stock exhibits sustained momentum above 116.50 USD on high volume.

Sell: WMT stock target of 118.50 USD is met or the option premium falls below 0.60 USD.

Premium $3.22 · Break-even $121.22 · Δ 0.46

This October contract provides an extra month of duration over September and a higher delta of 0.46, offering a safer profile for a long-term recovery play.

Buy: Buy when the stock price dips to $114.50 or the premium falls to around $2.80.

Sell: Sell when the stock price targets $122.00 or if the premium falls below $1.60.

Premium $1.34 · Break-even $125.34 · Δ 0.24

This option offers a better delta (0.24) than the September strike equivalent, but remains a high-strike target that requires significant trend continuation.

Buy: Buy if WMT consolidates above $116.00 and the 10-day volume trend reverses to positive.

Sell: Sell if the stock price rises to $124.00 or if the premium drops below $0.65.

Premium $3.14 · Break-even $120.14 · Δ 0.45

Provides slightly higher delta and a longer horizon to buffer against short-term consolidations before reaching the target resistance.

Buy: WMT stock price stabilizes above 114.80.

Sell: WMT stock price hits 118.00 or option premium falls below 2.20.

Premium $1.29 · Break-even $124.29 · Δ 0.24

A cheaper leverage alternative with a 0.24 delta that could offer a high percentage return if the stock breaks past the 200-day SMA resistance.

Buy: WMT stock price breaks and holds above 115.50.

Sell: WMT stock price reaches 118.00 or option premium falls below 0.80.

Premium $3.12 · Break-even $119.62 · Δ 0.45

A higher delta of 0.45 and further expiry provides optimal exposure to a sustained recovery trend while buffering against short-term volatility.

Buy: WMT stock closes above 114.50 USD.

Sell: WMT stock hits the target of 118.50 USD or the option premium falls below 1.50 USD.

Premium $3.21 · Break-even $97.79 · Δ -0.38

An extra month of duration provides a safer cushion against potential short-term oversold rallies while waiting for the broader bearish trend to play out.

Buy: Buy this contract when WMT stock price trades below 103.20.

Sell: Sell to close when WMT reaches 96.50 or if the option premium gains 80%.

Premium $3.35 · Break-even $98.65 · Δ -0.39

Writing this put yields a generous 3.35 premium with a break-even at 98.65, protecting against moderate downside.

Buy: Sell to open if WMT stock trades between 101.00 and 104.00.

Sell: Buy to close if premium drops below 1.00 or stock falls below 96.00.

Premium $1.52 · Break-even $94.48 · Δ -0.22

An out-of-the-money put with more time to expiry, giving the trade sufficient room to capture a full retest and break of the 96.05 support level.

Buy: Buy this contract if WMT falls below 102.50 with accelerating volume.

Sell: Sell to close if the premium reaches 3.00 or if the stock climbs back above 106.00.

Premium $1.51 · Break-even $94.99 · Δ -0.22

This out-of-the-money put provides a solid yield with a highly defensive break-even of 94.99 USD, which is below the 52-week low support.

Buy: Buy back to close the position when the option premium decays below 0.30 USD.

Sell: Sell to open if WMT stock stays above 101.50 USD and premium is above 1.40 USD.

Premium $3.23 · Break-even $97.27 · Δ -0.39

Provides an extra month of duration to weather any temporary consolidation around current levels before the eventual downward breakdown.

Buy: Underlying price is between 102.00 and 103.50.

Sell: Underlying price reaches the 96.50 target level.

Premium $3.18 · Break-even $98.32 · Δ -0.38

Writing this longer-dated put offers a rich premium of 3.18 USD, pushing the break-even down to 98.32 USD, well below the current stock price.

Buy: Buy back to close when the option premium decays below 0.60 USD.

Sell: Sell to open when WMT stock price trades around 103.00 USD.

Premium $3.22 · Break-even $97.28 · Δ -0.38

This contract provides an extra month of duration to capture a sustained down-trend below the psychological 100.00 support floor.

Buy: WMT stock price dips below 102.00 while the volume trend remains elevated.

Sell: Price triggers a bullish MACD crossover or touches the target price of 110.00.

Premium $3.32 · Break-even $98.68 · Δ -0.38

This contract carries a high premium which will rapidly lose value as WMT's RSI recovers from oversold levels.

Buy: Only if hedging a massive long position during a broader market capitulation.

Sell: Underlying price crosses above the SMA20 at 111.06.

Premium $1.70 · Break-even $97.30 · Δ -0.23

This contract balances a cheaper entry price with a decent -0.23 delta and extra time duration, perfect for riding the trend down to the key target levels.

Buy: Buy the contract when WMT stock price drops below 105.80 USD.

Sell: Sell the contract when WMT stock price reaches 99.00 USD or the premium reaches 3.20 USD.

Premium $1.44 · Break-even $94.56 · Δ -0.22

This contract offers a strong risk-reward ratio with a break-even of 94.56 USD, well below key historical support.

Buy: Buy to close if premium decays below 0.40 USD.

Sell: Sell to open at a premium of 1.40 USD or higher as the stock begins consolidation.

Premium $3.60 · Break-even $100.90 · Δ -0.39

This October 2026 put provides additional time to cushion the bearish thesis in case of a temporary bounce before the ultimate descent. The solid delta of -0.39 will capture the move effectively.

Buy: Buy the contract when WMT stock price falls below 106.00 USD.

Sell: Sell the contract when WMT stock price reaches 98.00 USD or the premium reaches 6.00 USD.

Premium $3.51 · Break-even $100.49 · Δ -0.38

Offers additional time-to-expiry past the September cycle to allow the bearish momentum to fully play out.

Buy: WMT stock remains below 107.00, keeping the premium entry around 3.50.

Sell: WMT stock hits 98.00 or the contract premium doubles to 7.00.

Premium $3.11 · Break-even $97.89 · Δ -0.38

The premium of 3.11 USD provides a very attractive break-even of 97.89 USD, protecting against moderate downside.

Buy: Buy to close if the contract premium drops to 1.00 USD due to stock recovery.

Sell: Sell to open at a premium of 3.11 USD while RSI remains near 30.

Premium $1.69 · Break-even $96.81 · Δ -0.23

Offers a balanced mix of a lower strike and extra duration to ride the medium-term bearish trend lines.

Buy: WMT stock price falls below 104.00.

Sell: WMT price drops to 90.00 or the premium rises to 3.50.

Premium $3.44 · Break-even $99.06 · Δ -0.39

This contract provides slightly more time value than the September expiry, allowing the bearish momentum more time to play out down to the $96 support.

Buy: Buy if WMT's price falls below $104.00.

Sell: Sell to close if WMT reaches $96.50 or if WMT closes above $111.00.

Premium $1.37 · Break-even $94.13 · Δ -0.21

The 95.5 strike is well-protected by historical support, making this deep OTM put a strong candidate to lose value.

Buy: Avoid buying this contract as a downside hedge at these levels.

Sell: Sell immediately if holding, or write the contract to capture the $137 premium.

Premium $3.50 · Break-even $100.00 · Δ -0.39

Provides long-term bearish exposure with a break-even of $100.00, capitalizing on sustained medium-term downward momentum.

Buy: WMT price falls below $104.00.

Sell: WMT stock drops below $94.00 or rebounds past $113.00.

Premium $1.61 · Break-even $96.39 · Δ -0.22

Selling this contract yields reliable premium with a safe break-even of $96.39, offering a solid margin of safety against further declines.

Buy: Sell to open when WMT stock is trading below $105.50.

Sell: Buy to close if the premium decays by 80% or if the stock price breaks below $95.00.

Premium $1.55 · Break-even $95.45 · Δ -0.22

An affordable out-of-the-money put with extra duration to capture a deep capitulation sell-off toward the 52-week low.

Buy: Buy if WMT's price falls below $103.50.

Sell: Sell to close if WMT drops to $96.00 or if the technical outlook turns bullish above $108.00.

Premium $3.47 · Break-even $99.53 · Δ -0.39

The October 2026 expiry offers slightly more time value for a modest premium of $3.47, letting traders comfortably ride the medium-term downtrend.

Buy: Buy the contract if WMT stock price trades between $104.50 and $105.50.

Sell: Sell the contract when WMT reaches the target price of $97.00 or the option premium reaches $6.00.

Premium $1.58 · Break-even $95.92 · Δ -0.22

Provides exposure to a deeper correction toward the 52-week low with an extra month of duration compared to the September contract for only $1.58.

Buy: Buy the contract if WMT stock struggles to reclaim the $105.00 level on rising volume.

Sell: Sell the contract if WMT falls to $96.50 or the premium rises to $3.00.

Premium $1.64 · Break-even $94.86 · Δ -0.23

Writing this deep support put at $96.50 strike provides high-probability premium collection with a safe break-even at $94.86.

Buy: Buy to close if the option premium drops below $0.40.

Sell: Sell to open if the stock exhibits short-term weakness near $102.00.

Premium $3.35 · Break-even $98.15 · Δ -0.38

Selling this October 2026 put secures a significant $3.35 premium, offering a solid cushion with a break-even price of $98.15.

Buy: Buy to close if the option premium drops below $0.80.

Sell: Sell to open at the current premium of $3.35 or higher while WMT is oversold.

Premium $1.48 · Break-even $98.02 · Δ -0.21

Out-of-the-money option offering a long runway, but the premium of 1.48 is high relative to its low delta of -0.21.

Buy: Buy if WMT falls below 103.50 on a daily close.

Sell: Sell if the stock target of 101.00 is achieved or the premium falls below 0.75.

Premium $3.31 · Break-even $101.69 · Δ -0.38

Provides a long-term bearish play with an extra month of expiry and a -0.38 delta, buffering against short-term rebounds.

Buy: Buy if WMT fails to breach the SMA20 of 108.93.

Sell: Sell if the stock hits the 101.00 target or if the premium doubles.

Premium $3.40 · Break-even $102.60 · Δ -0.39

The premium of 3.40 is overpriced for a stock finding support near 108 with an oversold RSI of 37.49.

Buy: Avoid buying unless the stock breaks 104 on rising volume.

Sell: Avoid buying or sell existing positions as WMT moves back above its 20-day SMA of 108.98.

Premium $1.56 · Break-even $94.44 · Δ -0.22

Selling the 96 strike put with a later expiry offers a strong 1.56 premium below WMT's 52-week low. This trade is highly secure given Walmart's defensive business model.

Buy: Buy back to close if the contract premium drops below 0.40.

Sell: Sell to open at a premium of 1.56 or higher.

Premium $3.56 · Break-even $103.44 · Δ -0.39

The extended time to expiry offers decent premium, but WMT's short-term turnaround will erode this option's value.

Buy: Avoid buying this contract unless WMT breaks down below 104.50 on high volume.

Sell: Sell to open when WMT shows a confirmed green candle above the 108.00 support level.

Premium $1.66 · Break-even $99.84 · Δ -0.23

A break-even of 99.84 offers a significant safety margin, making this an excellent candidate for premium collection as volatility contracts.

Buy: Avoid buying unless seeking an expensive long-term downside tail hedge.

Sell: Sell to open to collect the 1.66 premium as WMT consolidates above its 107.00 support level.

Premium $1.60 · Break-even $99.40 · Δ -0.22

An exceptionally safe choice for put writers, providing a break-even of 99.40 which is comfortably below the 52-week support floor.

Buy: Buy to close the contract when the premium decays below 0.30.

Sell: Sell to open the contract when WMT trades below 108.50.

Premium $1.52 · Break-even $95.48 · Δ -0.22

This longer-dated, out-of-the-money contract allows more time for WMT to break below its 52-week support floor. However, the premium is relatively expensive compared to the September alternative.

Buy: Buy the contract if WMT stock price falls below $104.00 on expanding volume.

Sell: Sell the contract if WMT drops to $97.50 or if the stock price rises back above $108.00.

Premium $3.27 · Break-even $99.23 · Δ -0.38

The high premium of $3.27 requires a significant and immediate downward expansion to overcome time decay.

Buy: Buy if WMT closes below the key psychological level of $100.00.

Sell: Sell if the contract value reaches $4.50 or if WMT rises above $108.00.

Premium $3.43 · Break-even $99.57 · Δ -0.39

Provides an extended window of downside protection with a break-even of 99.57, well-suited to hedge long equity exposure.

Buy: Buy if WMT fails to reclaim its 20-day SMA of 109.94 within the next week.

Sell: Sell if WMT rebounds strongly above 115.00.

Premium $1.56 · Break-even $95.94 · Δ -0.22

Provides long-term tail risk protection below the major 52-week support floor of 96.98.

Buy: Buy if WMT trades down to 103.00.

Sell: Sell if WMT rises above 110.00.

Premium $1.55 · Break-even $97.45 · Δ -0.22

With a premium of 1.55, this contract is priced too high for an out-of-the-money option when indicators signal WMT is near a cyclical bottom.

Buy: Only buy if WMT fails to hold 103.50 USD and downside momentum accelerates.

Sell: Avoid buying or liquidate if WMT begins its mean-reversion bounce.

Premium $1.47 · Break-even $97.03 · Δ -0.21

Offers a cheap entry for a long-term bearish stance with an expiry past October 2026, benefiting from potential structural decline past the 52-week low.

Buy: Buy when WMT rebounds to $109.00 and RSI approaches 40-45.

Sell: Sell if the stock declines to $95.00 or the premium rises above $3.00.

Premium $3.30 · Break-even $100.70 · Δ -0.39

This late-2026 put provides extra duration to capture the structural downtrend below the SMA200 after the current oversold bounce dissipates.

Buy: Buy when WMT bounces to $110.50 and MACD histogram begins to turn neutral.

Sell: Sell if the stock drops to $95.00 or if the premium reaches $6.00.

Premium $3.42 · Break-even $101.08 · Δ -0.39

The heavy premium of 3.42 is highly vulnerable to rapid time decay and volatility contraction once the stock establishes a short-term bottom.

Buy: Avoid unless WMT breaks below 102.00 USD, validating a larger bearish macro trend.

Sell: Sell to close immediately if already holding to salvage premium ahead of a relief rally.

Premium $3.48 · Break-even $103.02 · Δ -0.39

Writing this put yields a generous 3.48 premium and cushions downside moves down to a break-even price of 103.02.

Buy: Buy to close the contract when the premium decays below 0.70.

Sell: Sell to open the contract when WMT trades near 108.00.

Premium $1.54 · Break-even $98.96 · Δ -0.22

With WMT near its historical support range, paying a 1.54 premium for a 100.5 strike put is an inefficient use of capital given the low probability of breach.

Buy: Avoid buying unless there is a material markdown in WMT's long-term earnings guidance.

Sell: Avoid buying, or exit if already held as WMT stabilizes above 108.

Premium $3.41 · Break-even $102.09 · Δ -0.39

Buying this put offers slightly longer duration to October 2026, capturing potential macro weakness with a solid -0.39 delta.

Buy: Buy if the stock price breaks below the immediate support of 106.00.

Sell: Sell to close if WMT rebounds above 112.50 or if the target stock level of 95.00 is reached.

Premium $1.55 · Break-even $98.45 · Δ -0.22

This contract is overvalued given WMT's proximity to solid support at 100.00 and recovering MACD indicators.

Buy: Buy if WMT breaks the key 103.00 level to the downside.

Sell: Sell to close if the stock rebounds past 110.00.

Premium $3.55 · Break-even $101.45 · Δ -0.39

Provides slightly more time than the early October alternative to ride out any initial short-term consolidation before the eventual breakdown.

Buy: Buy if WMT trades below 107.50 for two consecutive sessions.

Sell: Sell if WMT drops to 98.00 or if the option premium drops to 1.80.

Premium $1.68 · Break-even $97.82 · Δ -0.22

A highly leveraged way to play a structural breakdown below the 100 level, benefiting from extra duration cushion.

Buy: Buy when WMT drops below 106.50.

Sell: Sell if the premium reaches 3.50 or if WMT trades above 110.50.