WMT Options History — February 2026

In February 2026, WMT traded between $122.88 and $134.04. ATM implied volatility averaged 30.9%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 1.8% (HV 20d: 29.1%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.11.

Notable Days

  • 2026-02-19: Highest Volume — 375,719 contracts
  • 2026-02-19: Largest IV drop — 21.7% change
  • 2026-02-12: Highest IV Rank — 61.5%
  • 2026-02-04: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$127.57$122.88$134.04$124.01$127.49
Max Pain$114.47$110.00$115.00$115.00$115.00
ATM IV30.9%25.4%36.9%29.6%26.3%
Expected Move8.9%7.2%10.4%9.5%7.5%
HV 20d29.1%22.4%35.3%22.4%35.3%
HV 60d25.0%23.5%27.7%23.5%24.7%
IV Rank42.2%24.5%61.5%38.0%27.3%
IV Percentile81.4%56.3%97.6%77.8%60.3%
Term Structure-0.4%-2.1%1.7%1.7%0.2%
VWIV32.1%26.1%37.6%33.7%27.1%
Skew 25d3.2%1.9%6.2%3.1%3.1%
Skew 10d6.5%0.9%11.6%8.7%5.9%
Call IV 25d29.7%25.1%35.2%27.9%25.3%
Put IV 25d32.9%27.5%39.2%31.1%28.3%
Bid-Ask Spread %30.0213.5753.8513.5714.95
Gamma HHI0.080.060.180.100.09
Net GEX32.3M-75.3M75.4M74.8M74.3M
Net DEX-2.82B-4.09B-1.20B-2.96B-2.67B
Net VEX-13.6M-15.1M-11.3M-12.0M-15.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.502.030.530.77
Total Volume159,654.21170,124375,719141,105138,006
Total OI990,373.474799,7111,226,495799,7111,079,686

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$124.01$115.0029.6%9.5%22.4%38.0%33.7%3.1%1.7%74.8M-2.96B-12.0M0.5313.5792,27948,826417,506382,205
2026-02-03$127.73$115.0031.6%10.2%24.0%44.3%36.5%3.1%-0.6%72.9M-3.49B-11.3M0.7318.63111,78481,597425,013400,824
2026-02-04$127.87$115.0031.1%10.4%23.8%42.9%37.6%2.4%-0.3%71.1M-3.47B-11.9M1.2021.5358,81470,330442,456432,617
2026-02-05$127.37$110.0033.0%9.2%23.0%48.8%32.1%4.2%-0.1%52.1M-3.22B-12.7M1.8553.8545,55784,166449,405453,037
2026-02-06$131.26$110.0032.5%8.9%24.5%47.3%33.3%4.3%-1.4%64.2M-3.93B-12.2M1.1940.4778,04492,565457,062491,080
2026-02-09$128.80$115.0032.8%8.9%25.8%48.4%32.6%4.5%-0.7%23.8M-3.12B-13.0M1.7741.8339,58470,236441,434489,441
2026-02-10$126.74$115.0032.6%9.1%25.9%47.7%32.6%2.4%-0.2%14.2M-2.73B-13.3M1.4435.6129,33742,204452,701505,112
2026-02-11$129.18$115.0032.7%9.1%26.0%48.0%32.2%4.7%-0.5%28.3M-3.18B-13.2M0.6449.3951,29932,922460,651514,905
2026-02-12$134.04$115.0036.9%10.1%28.5%61.5%36.3%2.7%-1.2%60.6M-4.09B-13.0M0.9139.25113,157102,799478,893517,612
2026-02-13$133.81$115.0036.3%10.1%28.4%59.4%36.8%6.2%-2.1%75.4M-3.93B-14.0M1.2747.9265,85983,860497,983559,434
2026-02-17$129.02$115.0036.0%10.2%31.6%58.5%37.0%2.1%-1.7%21.5M-2.76B-14.4M2.0325.8247,26095,980460,250521,511
2026-02-18$126.43$115.0035.9%10.3%32.8%58.2%36.1%2.2%-1.6%11.8M-2.35B-14.4M1.6637.68115,985192,963472,793548,725
2026-02-19$124.89$115.0028.1%8.1%33.1%33.2%29.2%3.0%-0.1%-42.3M-1.82B-14.5M0.9428.62193,347182,372519,717641,242
2026-02-20$122.88$115.0026.0%7.4%33.1%26.4%28.5%3.3%0.7%-75.3M-1.20B-14.7M1.1223.45140,270156,588560,436666,059
2026-02-23$125.69$115.0027.5%7.8%33.8%31.1%28.2%2.3%-1.0%13.8M-2.12B-14.8M0.5419.0380,94543,605465,301514,456
2026-02-24$126.61$115.0026.8%7.8%33.8%29.1%28.0%2.4%-0.0%27.4M-2.35B-14.7M0.5020.8956,47828,459482,662528,642
2026-02-25$125.91$115.0026.0%7.4%33.7%26.5%26.3%1.9%-0.4%30.0M-2.26B-14.8M0.5916.8444,12925,995498,130536,646
2026-02-26$124.08$115.0025.4%7.2%34.2%24.5%26.1%2.4%1.5%15.7M-1.88B-14.7M1.3921.0040,08855,741507,899543,570
2026-02-27$127.49$115.0026.3%7.5%35.3%27.3%27.1%3.1%0.2%74.3M-2.67B-15.1M0.7714.9577,96460,042512,807566,879