Investors with a lot of money to spend have taken a bullish stance on Verizon Communications (NYSE:VZ).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VZ, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 12 uncommon options trades for Verizon Communications.
This isn't normal.
The overall sentiment of these big-money traders is split between 58% bullish and 41%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $497,353, and 5 are calls, for a total amount of $299,291.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $51.0 for Verizon Communications, spanning the last three months.
Analyzing Volume & Open Interest
Looking 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 for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Verizon Communications's whale activity within a strike price range from $40.0 to $51.0 in the last 30 days.
Verizon Communications 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VZ | PUT | TRADE | BULLISH | 07/17/26 | $0.75 | $0.66 | $0.69 | $42.00 | $179.3K | 2.0K | 2.6K |
| VZ | PUT | TRADE | BULLISH | 07/17/26 | $0.76 | $0.69 | $0.69 | $42.00 | $138.0K | 2.0K | 4.6K |
| VZ | CALL | SWEEP | BULLISH | 01/21/28 | $12.0 | $10.8 | $12.0 | $40.00 | $120.0K | 3.6K | 100 |
| VZ | CALL | SWEEP | BULLISH | 03/13/26 | $0.73 | $0.68 | $0.68 | $51.00 | $63.3K | 3.7K | 994 |
| VZ | CALL | TRADE | BEARISH | 06/18/26 | $3.3 | $3.05 | $3.05 | $50.00 | $61.0K | 15.0K | 202 |
About Verizon Communications
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
Having examined the options trading patterns of Verizon Communications, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Verizon Communications's Current Market Status
- Trading volume stands at 12,416,192, with VZ's price down by -0.63%, positioned at $50.8.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 43 days.
Expert Opinions on Verizon Communications
In the last month, 2 experts released ratings on this stock with an average target price of $56.25.
- An analyst from Scotiabank upgraded its action to Sector Outperform with a price target of $54.
- An analyst from Daiwa Capital has elevated its stance to Buy, setting a new price target at $58.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
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