Unpacking the Latest Options Trading Trends in T-Mobile US

Financial giants have made a conspicuous bullish move on T-Mobile US. Our analysis of options history for T-Mobile US TMUS revealed 10 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $224,995, and 5 were calls, valued at $382,814.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $155.0 to $210.0 for T-Mobile US over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for T-Mobile US options trades today is 1163.0 with a total volume of 1,817.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for T-Mobile US's big money trades within a strike price range of $155.0 to $210.0 over the last 30 days.

T-Mobile US Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TMUS CALL SWEEP BULLISH 01/17/25 $170.00 $187.6K 1.1K 135
TMUS PUT SWEEP BEARISH 02/16/24 $165.00 $104.2K 759 385
TMUS CALL TRADE BULLISH 01/17/25 $210.00 $72.5K 475 250
TMUS CALL SWEEP BEARISH 01/17/25 $170.00 $65.3K 1.1K 184
TMUS PUT SWEEP BEARISH 02/16/24 $165.00 $38.5K 759 485

About T-Mobile US

Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, creating T-Mobile us. Following the merger, the firm provided nationwide service in major markets but spottier coverage elsewhere. T-Mobile spent aggressively on low-frequency spectrum, well suited to broad coverage, and has substantially expanded its geographic footprint. This expansion, coupled with aggressive marketing and innovative offerings, produced rapid customer growth. With the Sprint acquisition, the firm's scale now roughly matches its larger rivals: T-Mobile now serves 73 million postpaid and 21 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. In addition, the firm provides wholesale service to resellers.

Current Position of T-Mobile US

  • With a trading volume of 1,312,120, the price of TMUS is up by 0.3%, reaching $164.76.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 7 days from now.

Expert Opinions on T-Mobile US

1 market experts have recently issued ratings for this stock, with a consensus target price of $168.0.

  • In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $168.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest T-Mobile US options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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