T-Mobile US Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for T-Mobile US (NASDAQ:TMUS), with a bearish stance being more prevalent. Of the 21 strange trades detected, 57% were bearish and 42% bullish. The total amount for puts was $680,707 and for calls, $542,973. Whales have been targeting a price range from $130.0 to $150.0 for T-Mobile US over the last 3 months. TD Cowen has maintained their Outperform rating on T-Mobile US with a price target of $210, while Benchmark downgraded its action to Buy with a price target of $200.
August 04, 2023 | 10:11 am
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T-Mobile US has seen significant unusual options activity, with a bearish stance being more prevalent. Analysts have mixed views, with TD Cowen maintaining an Outperform rating and a price target of $210, while Benchmark has downgraded its action to Buy with a price target of $200.
The unusual options activity, particularly the bearish stance, could potentially impact T-Mobile's stock price negatively in the short term. The mixed analyst ratings also add to the uncertainty around the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100