Spotlight on T-Mobile US: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
T-Mobile US (NASDAQ:TMUS) has seen a significant increase in options activity, with a bearish sentiment from big-money investors. Benzinga's options scanner revealed 10 unusual trades, with a split sentiment of 40% bullish and 60% bearish. The trades include 4 puts and 6 calls, targeting a price range of $160.0 to $170.0 for TMUS over the last 3 months. The company, a major wireless carrier in the U.S., is currently trading at $163.65, up by 0.49%, with an anticipated earnings release in 41 days.
March 15, 2024 | 3:16 pm
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T-Mobile US has experienced a notable increase in options activity, indicating a bearish sentiment among large investors. The company is trading at $163.65, with an upcoming earnings release.
The bearish sentiment from big-money investors, as indicated by the options activity, suggests a potential decrease in TMUS stock price in the short term. The anticipation of the earnings release could further influence the stock's volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100