1:55pm (EST)
I have a Profit Alert for one of our current AT&T positions so let’s go check the tape.
Profit Alert!
AT&T (T, $18.81, up $0.15)
T March 19 puts (T230317P00019000, $0.40, down $0.08)
Entry Price: $0.30 (2/24/2023)
Exit Target: $0.90
Return: 33%
Stop Target: 40 cents (Stop Limit)
Action: The Stop Limit at 40 cents has tripped today with the puts testing a low of 38 cents.