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 positions 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.
Today, Benzinga’s options scanner spotted 23 options trades for T-Mobile US.
This isn’t normal.
The overall sentiment of these big-money traders is split between 65% bullish and 21%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $25,530, and 22, calls, for a total amount of $814,520.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $155.0 to $240.0 for T-Mobile US during the past quarter.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for T-Mobile US’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across T-Mobile US’s significant trades, within a strike price range of $155.0 to $240.0, over the past month.
T-Mobile US Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TMUS | CALL | SWEEP | NEUTRAL | 12/20/24 | $20.9 | $20.55 | $20.75 | $220.00 | $74.9K | 1.5K | 630 |
| TMUS | CALL | SWEEP | BULLISH | 12/20/24 | $20.75 | $20.05 | $20.75 | $220.00 | $58.1K | 1.5K | 518 |
| TMUS | CALL | SWEEP | BULLISH | 12/20/24 | $20.75 | $19.85 | $20.75 | $220.00 | $53.9K | 1.5K | 469 |
| TMUS | CALL | SWEEP | BULLISH | 12/20/24 | $20.55 | $20.15 | $20.55 | $220.00 | $53.4K | 1.5K | 278 |
| TMUS | CALL | TRADE | BULLISH | 01/17/25 | $31.8 | $31.25 | $31.58 | $210.00 | $41.0K | 1.1K | 13 |
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.
Current Position of T-Mobile US
- Trading volume stands at 1,591,538, with TMUS’s price up by 0.69%, positioned at $240.65.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 71 days.
What The Experts Say On T-Mobile US
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $245.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Evercore ISI Group persists with their Outperform rating on T-Mobile US, maintaining a target price of $240.
* An analyst from RBC Capital has decided to maintain their Outperform rating on T-Mobile US, which currently sits at a price target of $255.
* Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on T-Mobile US with a target price of $250.
* An analyst from Barclays has decided to maintain their Overweight rating on T-Mobile US, which currently sits at a price target of $230.
* An analyst from JP Morgan has decided to maintain their Overweight rating on T-Mobile US, which currently sits at a price target of $250.
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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