Buy to open the T February 35 calls (T150220C00035000, $0.35, up $0.05)


Dear Momentum Options Subscriber,

I mentioned I would be working all day as I have started my weekend research early. While digging, I have noticed some unusual option activity in AT&T (T).

The call options I’m recommending are active and are signaling that traders expect a bigger price move by mid-February.


AT&T (T, $34.16, up $0.20)

Buy to open the T February 35 calls (T150220C00035000, $0.35, up $0.05)

Action: I like these call options at current levels.

Shares have made a move above their 50-day moving average this week and could be on track to test $36 over the near-term. If so, these options will double if shares reach $35.70.

The February options have 55 days before they expire and provide plenty of time to play the move. Note: There are several expirations at this strike; be sure you’re buying to open the regular monthly calls that expire Feb. 20, 2015.


All prices given in this update are current as of 2:10 p.m. EST.

Every new Momentum Options recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options