9:00am (EST)
We have a Trade Alert this morning ahead of the open so let’s go check the tape.
Trade Alert!
AT&T (T, $18.65, up $0.25)
T September 19 calls (T240920C00019000, $0.57, up $0.07)
Entry Price: $0.40 (6/21/2024)
Exit Target: $0.80
Return: 43%
Stop Target: 42 cents (Stop Limit)
Action: Set an initial Stop Limit at 42 cents to start protecting profits and to avoid a loss.