Check Out What Whales Are Doing With SATS - EchoStar (NASDAQ:SATS)

Core Insights - Investors have shown a bearish sentiment towards EchoStar, with 72% of trades being bearish and only 18% bullish [1] - The total amount for put options is $289,660, while call options amount to $17,507,869, indicating a significant preference for bearish positions [1] Options Activity - The price window for EchoStar's options has been identified between $35.0 and $105.0 over the past quarter, suggesting a range of expected price movements [2] - An analysis of volume and open interest provides insights into the liquidity and interest surrounding EchoStar's options [4] Company Overview - EchoStar primarily generates revenue from satellite television, serving approximately 5 million customers in the US, which accounts for about 10% of the traditional television market [10] - The company also operates under the Sling brand, serving an additional 2 million customers, and has a significant portfolio of spectrum licenses [10] - EchoStar has acquired Sprint's prepaid business, serving around 7 million customers under the Boost brand, and is building a nationwide wireless network [10] Market Position - Recent analyst ratings for EchoStar show a consensus target price of $73.8, with various analysts maintaining different ratings and target prices ranging from $59 to $91 [11][12] - The current trading volume for EchoStar stands at 2,154,245, with the stock price at $74.0, reflecting a slight increase of 0.49% [14]