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TopgOptions
Jan 23, 2024 1:41 PM

T AT&T Options Ahead of Earnings Long

AT&T Inc.NYSE

Description

If you haven`t sold the double top on AT&T:

nor bought the dip:


Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 17usd strike price at the money Calls with
an expiration date of 2024-1-26,
for a premium of approximately $0.43.
Looking at the chart, I think T is heading to a triple top, or a Head and Shoulders chart pattern.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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