T-Mobile Stock Inches Higher as TV Service Wraps Up

T-Mobile customers will be given discounts on Google's YouTube TV service

Deputy Editor
Mar 30, 2021 at 10:51 AM
facebook X logo linkedin


The shares of T-Mobile Us Inc (NASDAQ:TMUS) are up 0.3% at $123.76 at last check, after announcing TVision, the wireless carrier's live television service, will stop operating at the end of April. Customers will now be offered discounts to subscribe to Google's YouTube TV service, which is part of an expansive new multi-year deal between T-Mobile and Alphabet (GOOGL) -owned Google. The company's CEO, Mike Sievert, called the move a "big upgrade," noting that YouTube TV has twice as many channels as TVision Live. 

The security has struggled for direction on the charts since claiming a record-high close of $135.54 on Jan. 11. The 200-day moving average, an area of long-term support, acted as a floor for the equity's February pullback, and TMUS is up 48.5% year-over-year.

The options pits lean bullish, per T-Mobile stock's 50-day call/put volume ratio of 3.11 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). This ratio stands higher than 94% of readings from the past year, indicating a healthier-than-usual appetite for long calls over the last 10 weeks.

Echoing this, TMUS's Schaeffer's put/call open interest ratio (SOIR) of 0.45 stands in the low 6th percentile of readings from the past year. In other words, short-term option traders have rarely been more call-biased. 

Plus, these premiums are attractively priced at the moment. The stock's Schaeffer's Volatility Index (SVI) of 25% stands higher than just 12% of all other readings in its annual range, implying options players are pricing in relatively low volatility expectations at the moment. 

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI