MomentumOptions.com New Trade (T) for 3/1/2023

11:00am (EST)

I have another New Trade for T with our first position up over 65%. We want to take advantage of a continued selloff into April with shares solidly below their 50-day moving average.

New Trade!

AT&T (T, $18.73, down $0.18)

Buy to Open T April 18 puts (T230421P00018000, $0.40, up $0.02)

Action: I like these put options at current levels and you can use a Limit Order up to 50 cents to get the best fills. These are the regular T April 18 puts that expire on April 21st, 2023.

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