T-Mobile (TMUS) shares pulling back to the 55-EMA recently and forming a nice multi-week base with room above $145.50 back to new highs. TMUS is starting to work out of a bullish wedge with MACD crossing over bullish on Friday and RSI is back above 50, plenty of room to run. TMUS has seen a lot of bullish flows recently including buyers in the November $150 calls over 2800X, buyers in the September $150 calls 2800X, and sellers in the October and February puts at the $150, $140, and $110 strikes.

Trade to Consider: Long the TMUS Sept. $150 Calls for $1.35 or Better