10:00am (EST)
We have a New Trade on a stock that could be bottoming and has become oversold so let’s go check the tape.
New Trade!
Verizon (VZ, $36.45, up $0.31)
Buy to Open VZ July 38 calls (VZ230721C00038000, $0.40, up $0.04)
Action: We like these call options at current levels and you can use a Limit Order up to 50 cents to get the best fills. These are the regular VZ July 38 calls that expire on July 21st, 2023.