AT&T Unusual Options Activity

AT&T Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on AT&T (NYSE:T).

And retail traders should know.

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

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with T, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for AT&T.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total …

Full story available on Benzinga.com