Market Whales and Their Recent Bets on AT&T Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards AT&T (NYSE:T) through significant options activity. Benzinga's options scanner highlighted 10 extraordinary options activities for AT&T, with 50% of the sentiment being bearish. The trading volumes and open interest suggest a focus on a price range between $3.0 and $21.0. Analysts have mixed ratings on AT&T, with price targets ranging from $18 to $24.

August 06, 2024 | 8:30 pm
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Deep-pocketed investors have shown a bearish sentiment towards AT&T (NYSE:T) through significant options activity. Benzinga's options scanner highlighted 10 extraordinary options activities for AT&T, with 50% of the sentiment being bearish. Analysts have mixed ratings on AT&T, with price targets ranging from $18 to $24.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options activity, suggests a potential short-term decline in AT&T's stock price. The mixed analyst ratings add to the uncertainty, with price targets ranging from $18 to $24.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100