Investors with a lot of money to spend have taken a bullish stance on T-Mobile US TMUS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TMUS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 15 uncommon options trades for T-Mobile US.
This isn't normal.
The overall sentiment of these big-money traders is split between 60% bullish and 40%, bearish.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $343,420, and 5 are calls, for a total amount of $198,280.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $185.0 for T-Mobile US, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of T-Mobile US stands at 3997.25, with a total volume reaching 891.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in T-Mobile US, situated within the strike price corridor from $150.0 to $185.0, throughout the last 30 days.
T-Mobile US Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TMUS | CALL | TRADE | BEARISH | 01/16/26 | $13.35 | $13.25 | $13.25 | $180.00 | $53.0K | 359 | 30 |
| TMUS | PUT | TRADE | BULLISH | 08/16/24 | $24.5 | $24.2 | $24.2 | $185.00 | $48.4K | 0 | 0 |
| TMUS | PUT | TRADE | BEARISH | 06/20/25 | $11.35 | $11.25 | $11.35 | $160.00 | $43.1K | 3.3K | 62 |
| TMUS | CALL | TRADE | BEARISH | 01/16/26 | $13.4 | $13.3 | $13.3 | $180.00 | $39.9K | 359 | 30 |
| TMUS | CALL | TRADE | BULLISH | 05/17/24 | $12.05 | $11.9 | $12.05 | $150.00 | $38.5K | 6.8K | 0 |
About T-Mobile US
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the U.S. T-Mobile now serves 76 million postpaid and 22 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves nearly 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
Current Position of T-Mobile US
- Trading volume stands at 639,094, with TMUS's price up by 0.41%, positioned at $160.75.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 7 days.
What Analysts Are Saying About T-Mobile US
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $186.0.
- Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $184.
- An analyst from Citigroup has decided to maintain their Buy rating on T-Mobile US, which currently sits at a price target of $184.
- An analyst from Oppenheimer persists with their Outperform rating on T-Mobile US, maintaining a target price of $190.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
