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

Looking at options history for AT&T (NYSE:T) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $375,655 and 2, calls, for a total amount of $68,465.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $14.5 to $22.0 for AT&T during the past quarter.

Insights into Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for AT&T's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across AT&T's significant trades, within a strike price range of $14.5 to $22.0, over the past month.

AT&T Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About AT&T

After a thorough review of the options trading surrounding AT&T, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

AT&T's Current Market Status

• With a volume of 7,550,223, the price of T is up 0.03% at $18.75.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 13 days.

Expert Opinions on AT&T

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $22.2.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for AT&T, Benzinga Pro gives you real-time options trades alerts.