Unpacking the Latest Options Trading Trends in T-Mobile US

Investors with a lot of money to spend have taken a bearish stance on T-Mobile US TMUS.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TMUS, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for T-Mobile US.

This isn't normal.

The overall sentiment of these big-money traders is split between 30% bullish and 70%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $91,140, and 7 are calls, for a total amount of $388,748.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $155.0 for T-Mobile US over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in T-Mobile US's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to T-Mobile US's substantial trades, within a strike price spectrum from $65.0 to $155.0 over the preceding 30 days.

T-Mobile US 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About T-Mobile US

Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, creating T-Mobile us. Following the merger, the firm provided nationwide service in major markets but spottier coverage elsewhere. T-Mobile spent aggressively on low-frequency spectrum, well suited to broad coverage, and has substantially expanded its geographic footprint. This expansion, coupled with aggressive marketing and innovative offerings, produced rapid customer growth. With the Sprint acquisition, the firm's scale now roughly matches its larger rivals: T-Mobile now serves 73 million postpaid and 21 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. In addition, the firm provides wholesale service to resellers.

Current Position of T-Mobile US

• Currently trading with a volume of 1,119,392, the TMUS's price is up by 0.18%, now at $147.97.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 72 days.

Expert Opinions on T-Mobile US

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $176.0.

• Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on T-Mobile US with a target price of $180.
• Consistent in their evaluation, an analyst from Raymond James keeps a Strong Buy rating on T-Mobile US with a target price of $180.
• An analyst from RBC Capital persists with their Outperform rating on T-Mobile US, maintaining a target price of $168.

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 T-Mobile US with Benzinga Pro for real-time alerts.