Russ Cohen

AT&T Options Activity Analysis AT&T Options Surge: A Closer Look at the Market Activity

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.

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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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