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Verizon Communications Unusual Options Activity

www.benzinga.com 27-12-2024 06:15 1 Minutes reading
Whales with a lot of money to spend have taken a noticeably bullish stance on Verizon Communications.Looking at options history for Verizon Communications (NYSE:VZ) we detected 9 trades.If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 33% with bearish.From the overall spotted trades, 6 are puts, for a total amount of $327,928 and 3, calls, for a total amount of $247,780.Projected Price TargetsTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $34.0 to $47.0 for Verizon Communications over the last 3 months. Volume & Open Interest TrendsLooking at the volume and open interest is an insightful way to conduct due diligence on a stock.This data can help you track the liquidity and interest for Verizon Communications's options ...Full story available on Benzinga.com

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