Financial giants have made a conspicuous bullish move on T-Mobile US ( TMUS ). Our analysis of options history for T-Mobile US ( TMUS ) revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $103,360, and 8 were calls, valued at $709,981.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $220.0 to $280.0 for T-Mobile US ( TMUS ) over the last 3 months.
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for T-Mobile US's ( TMUS ) 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 ( TMUS ) whale activity within a strike price range from $220.0 to $280.0 in the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TMUS | CALL | SWEEP | BEARISH | 180 | 101 | ||||||
| TMUS | CALL | SWEEP | NEUTRAL | 256 | 52 | ||||||
| TMUS | CALL | SWEEP | BULLISH | 180 | 202 | ||||||
| TMUS | CALL | TRADE | NEUTRAL | 99 | 0 | ||||||
| TMUS | CALL | SWEEP | BULLISH | 256 | 23 |
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 80 million postpaid and 25 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 7 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
Trading volume stands at 1,685,847, with TMUS's price down by -0.33%, positioned at $240.93.
RSI indicators show the stock to be may be oversold.
Earnings announcement expected in 38 days.
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $286.0.
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* Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Buy with a new price target of $286.
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