Smart Money Is Betting Big In TMUS Options

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 12 uncommon options trades for T-Mobile US.

This isn't normal.

The overall sentiment of these big-money traders is split between 58% bullish and 25%, bearish.

Out of all of the special options we uncovered, 6 are puts, for a total amount of $410,445, and 6 are calls, for a total amount of $396,776.

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 $145.0 and $180.0 for T-Mobile US, spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for T-Mobile US's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of T-Mobile US's whale activity within a strike price range from $145.0 to $180.0 in the last 30 days.

T-Mobile US 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
TMUS PUT TRADE BULLISH 01/17/25 $1.79 $1.46 $1.5 $145.00 $240.0K 5.0K 1.6K
TMUS CALL SWEEP BULLISH 07/19/24 $2.71 $2.47 $2.71 $180.00 $135.5K 2.6K 765
TMUS CALL SWEEP BULLISH 01/16/26 $24.5 $23.2 $23.98 $175.00 $94.5K 619 39
TMUS CALL SWEEP NEUTRAL 06/21/24 $7.5 $7.0 $7.0 $170.00 $70.0K 16.0K 165
TMUS PUT SWEEP NEUTRAL 06/20/25 $10.25 $9.0 $10.2 $175.00 $57.2K 1.5K 177

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 US T-Mobile now serves 77 million postpaid and 21 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves more than 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.

Following our analysis of the options activities associated with T-Mobile US, we pivot to a closer look at the company's own performance.

T-Mobile US's Current Market Status

  • With a trading volume of 2,328,730, the price of TMUS is up by 2.2%, reaching $176.88.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 51 days from now.

Expert Opinions on T-Mobile US

In the last month, 1 experts released ratings on this stock with an average target price of $200.0.

  • In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $200.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for T-Mobile US with Benzinga Pro for real-time alerts.

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