That's what whales bet on Comcast

A whale with plenty of cash to spend has taken a decidedly bullish stance on Comcast.

Reviewing the options history for Comcast CMCSA, we detected 131 strange transactions.

If we consider the specifics of each trade, it is correct to say that 58% of investors opened trades with bullish expectations and 41% with bearish expectations.

Of all the trades identified, 8 are puts, for a total amount of $402,562 and 123 are calls, for a total amount of $6,660,608.

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $35.0 to $50.0 for Comcast over the past Last 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Comcast options for a given strike price. Below, we can observe the evolution of volume and open interest in calls and puts, respectively, for all Comcast whale exchanges within a strike price range of $35.0 to $50.0 in the last 30 days.

Comcast Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume CMCSA CALL SWEEP BULLISH 06/16/23 $37.50 $190.3K 189 13.8K CMCSA CALL SWEEP NEUTRAL 06/16/23 $37.50 $182,100 189 13.0K CMCSA CALL SWEEP BEARISH 06/16/23 $37.50 $127,000 189 14.0K CMCSA CALL SWEEP BEARISH 06/16/23 $37.50 $99.9,000 189 9.0K CMCSA CALL SWEEP BULLISH 06/16/23 $37.50 $90.7,000 189 12.7K

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume CMCSA CALL SWEEP BULLISH 06/16/23 $37.50 $190.3K 189 13.8K CMCSA CALL SWEEP NEUTRAL 06/16/23 $37.50 $182,100 189 13.0K CMCSA CALL SWEEP BEARISH 06/16/23 $37.50 $127,000 189 14.0K CMCSA CALL SWEEP BEARISH 06/16/23 $37.50 $99.9,000 189 9.0K CMCSA CALL SWEEP BULLISH 06/16/23 $37.50 $90.7,000 189 12.7K

Where is Comcast right now? With a volume of 16,935,153, the price of CMCSA is up 0.33% to $39.88. RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold. The next results should be published in 15 days. What experts say about Comcast: Daiwa Capital lowered its stock to Outperform with a price target of $43 Rosenblatt has decided to maintain its neutral rating on Comcast, which currently sits at a price target of $40.

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