This Is What Whales Are Betting On AT&T
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing interest in AT&T (NYSE:T) with a mix of bullish and bearish options trades. Benzinga's options scanner detected 8 significant trades, split evenly between puts and calls. The trades suggest a price target range of $18.5 to $23.0. Analysts have mixed ratings, with price targets ranging from $19 to $23.
August 23, 2024 | 5:32 pm
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AT&T has attracted significant attention from wealthy investors with a balanced mix of bullish and bearish options trades. The trades suggest a price target range of $18.5 to $23.0. Analysts have mixed ratings, with price targets ranging from $19 to $23.
The detection of significant options trades indicates heightened interest in AT&T, with a balanced sentiment between bullish and bearish positions. The price target range aligns with analyst ratings, suggesting no immediate drastic price movement. However, the interest from 'whales' could indicate potential future developments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100