MomentumOptions.com Profit Alert (T) for 3/25/2020

3:10pm (EST)

I have a Profit Alert ahead of the close as I want to take advantage of today’s spike in AT&T.

AT&T (T, $29.67, up $1.58)

T June 30 calls (T200619C00030000, $2.30, up $1.05)

Entry Price: $1.05 (3/24/2020)

Exit Target: $2.10, raise to $3

Return: 121%

Stop Target: 75 cents, raise to $1.50 (Stop Limit)

Action: Close half the trade at current levels.

Raise the Exit Target from $2.10 to $3 on the other half. Raise the Stop Target from 75 cents to $1.50 and make it a Stop Limit Order.