Market Whales and Their Recent Bets on AT&T Options

Investors with a lot of money to spend have taken a bearish stance on AT&T T.

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 T, 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 AT&T.

This isn't normal.

The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish.

Out of all of the special options we uncovered, 6 are puts, for a total amount of $192,817, and 6 are calls, for a total amount of $882,001.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $10.0 and $30.0 for AT&T, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for AT&T'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 AT&T's whale trades within a strike price range from $10.0 to $30.0 in the last 30 days.

AT&T 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
T CALL TRADE BEARISH 06/20/25 $9.4 $8.3 $8.35 $10.00 $638.7K 1.8K 765
T CALL SWEEP BEARISH 01/17/25 $1.9 $1.87 $1.87 $17.00 $93.5K 36.5K 554
T CALL SWEEP BULLISH 01/16/26 $6.4 $6.3 $6.4 $12.00 $64.0K 2.6K 100
T PUT SWEEP BEARISH 09/20/24 $4.1 $4.0 $4.1 $22.00 $42.5K 34 335
T PUT SWEEP BEARISH 01/16/26 $3.2 $3.05 $3.15 $20.00 $36.2K 2.1K 116

About AT&T

The wireless business contributes about two thirds of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

AT&T's Current Market Status

  • Trading volume stands at 29,787,026, with T's price up by 1.67%, positioned at $18.31.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 50 days.

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 AT&T options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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