WMT Walmart (WMT) options offer defensive exposure to the world's largest retailer with low volatility, dividend income, and recession-resistant characteristics.

WMT's defensive nature means lower IV and premium, but steady and predictable options behavior. Popular for conservative income strategies.

WMT Options Characteristics

Avg Daily Volume

200K+ contracts

Typical Spread

$0.02-0.05

Typical IV Rank

12-25%

Expirations

Weekly, Monthly, Quarterly, LEAPS

Price Range

$55-75

Correlation

Moderate correlation with consumer staples and XLP

Best Strategies for WMT

Covered Calls

Conservative income on defensive stock

LEAPS Calls

Affordable long-term bullish exposure

Cash-Secured Puts

Low-risk entry with premium income

Collar Strategy

Protect gains on core holding

Bull Put Spreads

Conservative bullish income

Defensive Income Play

Walmart options have some of the lowest IV among mega-caps. This makes buying options cheap but selling premium less rewarding. Best for conservative income strategies and hedging.

WMT Options FAQ

Is Walmart good for selling options?

WMT has low IV, so premium collected is modest. However, the stock rarely makes large moves, creating high win rates for sellers. It's ideal for conservative accounts prioritizing consistency over premium size.

How does Walmart behave in recessions?

WMT is defensive — consumers trade down to Walmart during economic stress. This makes it a relative outperformer in downturns and a natural hedge for growth-heavy portfolios.