This Is What Whales Are Betting On AT&T
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 10 options trades for AT&T (NYSE:T) summing a total amount of $345,121. Whales have been targeting a price range from $8.0 to $16.0 for AT&T over the last 3 months. The mean open interest for AT&T options trades today is 17942.6 with a total volume of 12,533.00. The price of T is down -0.35% at $14.54. Barclays, Deutsche Bank, and Wells Fargo maintain their ratings on AT&T, while Citigroup and JP Morgan downgraded their actions to Neutral.
July 20, 2023 | 4:17 pm
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AT&T has seen significant options trading activity. The stock price is currently down -0.35% at $14.54. Several analysts have maintained or downgraded their ratings.
The high volume of options trades and the targeted price range indicate significant investor interest in AT&T. However, the current decrease in stock price and the downgrades from Citigroup and JP Morgan could negatively impact the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100