Charter Communications Options Trading: A Deep Dive into Market Sentiment
Whales with a lot of money to spend have taken a noticeably bearish stance on Charter Communications.
Looking at options history for Charter Communications (NASDAQ:CHTR) we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 42% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $729,041 and 4, calls, for a total amount of $311,535.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $400.0 for Charter Communications over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Charter 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 Charter Communications's whale trades within a strike price range from $240.0 to $400.0 in the last 30 days.
Charter Communications Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
CHTR | PUT | TRADE | BEARISH | 03/20/26 | $28.0 | $26.9 | $28.0 | $260.00 | $280.0K | 54 | 100 |
CHTR | PUT | SWEEP | BEARISH | 12/19/25 | $21.6 | $21.4 | $21.6 | $260.00 | $151.0K | 71 | 78 |
CHTR | CALL | TRADE | BULLISH | 01/15/27 | $22.3 | $18.2 | $21.0 | $400.00 | $123.9K | 1.8K | 0 |
CHTR | CALL | TRADE | BEARISH | 01/15/27 | $35.0 | $30.0 | $31.0 | $350.00 | $120.9K | 1.1K | 40 |
CHTR | PUT | SWEEP | BEARISH | 08/01/25 | $4.8 | $2.65 | $4.9 | $270.00 | $48.8K | 624 | 123 |
About Charter Communications
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (Los Angeles Lakers), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1. Charter plans to acquire cable peer Cox.
Where Is Charter Communications Standing Right Now?
- With a trading volume of 1,222,331, the price of CHTR is up by 0.43%, reaching $270.53.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 91 days from now.
Expert Opinions on Charter Communications
4 market experts have recently issued ratings for this stock, with a consensus target price of $335.25.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
* Consistent in their evaluation, an analyst from Barclays keeps a Underweight rating on Charter Communications with a target price of $275.
* Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Charter Communications with a target price of $355.
* Consistent in their evaluation, an analyst from Barclays keeps a Underweight rating on Charter Communications with a target price of $341.
* Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Charter Communications with a target price of $370.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Charter Communications options trades with real-time alerts from Benzinga Pro.