AT&T Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on AT&T (NYSE:T) with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $10.0 to $17.0 for AT&T over the last 3 months. The stock is currently down 4.98% at $15.15.
May 25, 2023 | 8:19 pm
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NEGATIVE IMPACT
A whale has taken a bearish stance on AT&T with 60% of detected unusual options trades being bearish. The stock is currently down 4.98% at $15.15.
The bearish stance taken by a whale with a significant amount of money to spend indicates a negative outlook on AT&T's stock price in the short term. With 60% of the unusual options trades being bearish, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100