Whales with a lot of money to spend have taken a noticeably bearish stance on AT&T.
Looking at options history for AT&T (NYSE:T) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 0% of the investors opened trades with bullish expectations and 100% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $256,174 and 4, calls, for a total amount of $314,871.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $25.0 for AT&T during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for AT&T options trades today is 16415.0 with a total volume of 43,734.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for AT&T's big money trades within a strike price range of $20.0 to $25.0 over the last 30 days.
AT&T Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| T | PUT | SWEEP | BEARISH | 06/20/25 | $4.25 | $4.15 | $4.25 | $25.00 | $118.1K | 2.5K | 279 |
| T | CALL | TRADE | BEARISH | 09/13/24 | $0.11 | $0.1 | $0.1 | $21.50 | $105.0K | 7.1K | 15.4K |
| T | CALL | TRADE | BEARISH | 09/13/24 | $0.12 | $0.11 | $0.11 | $21.50 | $104.5K | 7.1K | 25.3K |
| T | PUT | SWEEP | BEARISH | 04/17/25 | $3.35 | $3.25 | $3.35 | $24.00 | $75.3K | 492 | 321 |
| T | CALL | SWEEP | BEARISH | 09/20/24 | $0.43 | $0.42 | $0.42 | $21.00 | $73.5K | 15.0K | 1.8K |
About AT&T
The wireless business contributes nearly 70% of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 23 million customers, but this business only accounts for 4% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Following our analysis of the options activities associated with AT&T, we pivot to a closer look at the company's own performance.
Current Position of AT&T
- Currently trading with a volume of 16,669,992, the T's price is up by 0.28%, now at $21.51.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 41 days.
Expert Opinions on AT&T
2 market experts have recently issued ratings for this stock, with a consensus target price of $21.0.
- An analyst from Citigroup persists with their Buy rating on AT&T, maintaining a target price of $24.
- Consistent in their evaluation, an analyst from MoffettNathanson keeps a Neutral rating on AT&T with a target price of $18.
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