This Is What Whales Are Betting On T-Mobile US
Portfolio Pulse from Benzinga Insights
A large bearish position on T-Mobile US (NASDAQ:TMUS) has been spotted, with 29 uncommon options trades identified. The overall sentiment of these big-money traders is split between 44% bullish and 55% bearish. Whales have been targeting a price range from $105.0 to $165.0 for T-Mobile US over the last 3 months.
May 22, 2023 | 8:01 pm
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A large bearish position has been identified on T-Mobile US (NASDAQ:TMUS), with 29 uncommon options trades. The overall sentiment of these big-money traders is split between 44% bullish and 55% bearish.
The large bearish position on T-Mobile US indicates that a significant investor or institution believes the stock price may decline in the short term. This could lead to increased selling pressure and a potential drop in the stock price. The overall sentiment of big-money traders being split between bullish and bearish also adds uncertainty to the stock's short-term direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100