Reallifetrading
Short

T bearish swing

NYSE:T   AT&T INC
111 2 3
I like this set up a lot, based on the gap and R:R.
A few of my 'longer term traders' looking to buy the big dip on T. If it pulls into $38, great support there. A few other traders also with some put sales down in that area.

One could play with Nov puts? Or short shares <just verify when dividends are if you're shorting". Puts likely the way to go. Just keep in mind earnings.
Just an update
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planning to add and reduce if T breaks bearish again.
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Update on trade. If put shares from this idea, one could easily sell a $41 #coveredcall for Jan and bring in nice prem.
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