Deep-pocketed investors have adopted a bullish approach towards T-Mobile US (NASDAQ:TMUS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TMUS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for T-Mobile US. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 42% leaning bullish and 42% bearish. Among these notable options, 5 are puts, totaling $288,928, and 9 are calls, amounting to $477,050.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $195.0 to $240.0 for T-Mobile US over the recent three months.

Volume & Open Interest Development

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 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 trades within a strike price range from $195.0 to $240.0 in the last 30 days.

T-Mobile US Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About T-Mobile US

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 3,126,141, the price of TMUS is down by -3.94%, reaching $210.48.
• Current RSI values indicate that the stock is may be oversold.
• Next earnings report is scheduled for 23 days from now.

Professional Analyst Ratings for T-Mobile US

3 market experts have recently issued ratings for this stock, with a consensus target price of $237.33333333333334.

Turn $1000 into $1270 in just 20 days?

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 T-Mobile US, Benzinga Pro gives you real-time options trades alerts.