Large investors are taking a noticeably bearish stance on AT&T.
Reviewing options history for AT&T T, a total of 12 trades were identified.
Analyzing the specifics of each trade reveals that 33% of investors opened trades with bullish expectations, while 66% took a bearish view.
Out of the identified trades, 2 are puts amounting to $60,632 and 10 are calls totaling $672,836.
Expected Price Movements
The trading activity suggests that significant investors are targeting a price range of $10.0 to $20.0 for AT&T over the past three months.
Volume & Open Interest Trends
In the current trading context, the average open interest for AT&T options stands at 29161.88, with a total volume reaching 13,055.00. The accompanying chart illustrates the progression of call and put option volume and open interest for high-value trades in AT&T, focused on the strike price range of $10.0 to $20.0 over the last 30 days.
AT&T 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| T | CALL | SWEEP | BEARISH | 01/19/24 | $15.00 | $167.2K | 60.8K | 1.5K |
| T | CALL | SWEEP | BEARISH | 01/19/24 | $15.00 | $120.0K | 60.8K | 1.0K |
| T | CALL | SWEEP | BEARISH | 06/20/25 | $10.00 | $73.6K | 2.4K | 100 |
| T | CALL | TRADE | BULLISH | 02/16/24 | $17.00 | $67.0K | 6.4K | 1.2K |
| T | CALL | SWEEP | BULLISH | 01/17/25 | $20.00 | $55.4K | 52.1K | 2 |
About AT&T
AT&T’s wireless business accounts for approximately two-thirds of its revenue post the spinoff of Warner Media. The company is the third-largest U.S. wireless carrier, serving 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, contributing about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, constituting around 11% of revenue, primarily consist of broadband internet access. AT&T also has a significant presence in Mexico, catering to 22 million customers, albeit accounting for only 3% of revenue. The firm retains a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Following the analysis of options activities related to AT&T, a closer examination of the company’s performance is necessary.
Present Market Standing of AT&T
- Trading volume stands at 18,229,015, with T’s price down by 0.0%, positioned at $17.15.
- RSI indicators suggest the stock may be approaching overbought territory.
- An earnings announcement is expected in 19 days.
What The Experts Say On AT&T
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $20.0.
- Wells Fargo’s analyst maintains an Overweight rating on AT&T, with a target price of $20.
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