A Closer Look at T-Mobile US's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards T-Mobile US (NASDAQ:TMUS), with a notable increase in options activity. Benzinga's tracking revealed 12 extraordinary options activities, with a general mood of 58% bullish and 41% bearish. The options activity suggests a price target range of $140.0 to $200.0. T-Mobile US's current market position shows a slight increase in stock price to $162.65, with a neutral RSI. Analyst ratings in the last 30 days have set an average price target of $183.0, with varying recommendations from major firms.
February 02, 2024 | 4:31 pm
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POSITIVE IMPACT
Increased options activity and bullish sentiment among investors, with a price target range of $140-$200. Current stock price at $162.65 and an average analyst price target of $183.
The bullish sentiment and increased options activity indicate a positive outlook for TMUS, suggesting potential upward movement in the short term. The alignment of analyst price targets with the options activity further supports this positive sentiment. However, the mix of bullish and bearish sentiments among options traders introduces some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100