WMT Gamma Exposure, IV Rank & Implied Volatility
Walmart Inc. (WMT) options data — GEX, IV rank, options chain & Greeks
WMT options trade with implied volatility typically in the 18% - 45% range, averaging 40K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.
As of 2026-06-18, WMT's 30-day implied volatility is 23.9%, placing its IV rank at 65.0 — the 65.0th percentile of its 52-week range, a middle range, neutral between selling and buying premium.
Comprehensive options market data for Walmart Inc.
WMT Options at a Glance
What's Covered in This Guide
1 About Walmart Inc. (WMT)
Walmart Inc. trades on NYSE. Options on WMT are actively traded by retail and institutional investors.
Company Profile
Key Dates
WMT is an actively traded options name in the Retail space.
2 WMT Options Market Overview
WMT options offer good liquidity for traders seeking exposure to Retail.
Liquidity Assessment: Good
WMT options provide good liquidity for most trading strategies.
3 WMT Implied Volatility & IV Rank
WMT implied volatility reflects market expectations for Walmart Inc. price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
The post-earnings volatility drop is known as IV crush. Holders of short WMT options should also understand early assignment risk around dividends and expiration.
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
WMT Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for WMT shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common WMT Options Strategies
These are strategies commonly used by traders on WMT options, based on typical market characteristics. This is not investment advice.
Used by WMT traders for income exposure. Good liquidity supports efficient execution.
Used by WMT traders for income exposure. Good liquidity supports efficient execution.
Used by WMT traders for directional exposure. Good liquidity supports efficient execution.
Used by WMT traders for neutral exposure. Good liquidity supports efficient execution.
Used by WMT traders for volatility exposure. Good liquidity supports efficient execution.
Key Considerations for WMT Options
- WMT options liquidity: Good - affects execution quality
- IV range: 18% - 45% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: WMT Options
What are WMT options?
WMT options are derivative contracts that give you the right to buy (call) or sell (put) Walmart Inc. shares at a specific price before expiration.
How do I analyze WMT implied volatility?
WMT IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for WMT options?
WMT options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does WMT report earnings?
Walmart Inc. typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for WMT options?
Popular WMT strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade WMT options?
The most liquid trading hours for WMT options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate WMT option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for WMT options across all strikes and expirations.
What happens to WMT options at expiration?
In-the-money WMT options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
What is WMT's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence WMT's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live WMT GEX levels and the gamma-flip point on ApexVol.
What is WMT's IV rank?
WMT's IV rank shows where WMT's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. WMT implied volatility typically ranges from 18% - 45%. Check WMT's live IV rank and percentile on ApexVol's IV analytics.
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