Charter Communications Options Trading: A Deep Dive into Market Sentiment

Whales with a lot of money to spend have taken a noticeably bearish stance on Charter Communications.

Looking at options history for Charter Communications (NASDAQ:CHTR) we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 42% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $729,041 and 4, calls, for a total amount of $311,535.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $400.0 for Charter Communications over the recent 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 Charter Communications'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 Charter Communications's whale trades within a strike price range from $240.0 to $400.0 in the last 30 days.

Charter Communications Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

About Charter Communications

Where Is Charter Communications Standing Right Now?

  • With a trading volume of 1,222,331, the price of CHTR is up by 0.43%, reaching $270.53.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 91 days from now.

Expert Opinions on Charter Communications

4 market experts have recently issued ratings for this stock, with a consensus target price of $335.25.

Turn $1000 into $1270 in just 20 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 Charter Communications options trades with real-time alerts from Benzinga Pro.

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