Verizon Communications Unusual Options Activity For January 02

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Whales with a lot of money to spend have taken a noticeably bullish stance on Verizon Communications.

Looking at options history for Verizon Communications VZ we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $61,275 and 10, calls, for a total amount of $553,762.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $42.0 for Verizon Communications during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Verizon Communications's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Verizon Communications's substantial trades, within a strike price spectrum from $35.0 to $42.0 over the preceding 30 days.

Verizon Communications Option Activity Analysis: Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
VZ CALL SWEEP BULLISH 01/16/26 $2.28 $2.17 $2.28 $42.00 $134.1K 3.8K 650
VZ CALL SWEEP BULLISH 02/21/25 $1.14 $1.12 $1.14 $40.00 $73.8K 1.3K 721
VZ CALL SWEEP BEARISH 06/20/25 $4.05 $3.95 $3.95 $37.00 $63.5K 3.2K 289
VZ CALL SWEEP BULLISH 02/21/25 $1.09 $1.05 $1.09 $40.00 $54.5K 1.3K 2.0K
VZ CALL SWEEP BEARISH 06/20/25 $4.0 $3.9 $3.9 $37.00 $49.1K 3.2K 416

About Verizon Communications

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

In light of the recent options history for Verizon Communications, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Verizon Communications Standing Right Now?

  • With a volume of 12,643,555, the price of VZ is up 0.33% at $40.12.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 22 days.

Expert Opinions on Verizon Communications

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $45.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from UBS persists with their Neutral rating on Verizon Communications, maintaining a target price of $45.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Verizon Communications with Benzinga Pro for real-time alerts.

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