T STOCK – Trade Alert Nov $34 Puts Sold

T Stock is finally back in my portfolio again. I just knew it had to happen. I have sold the November $34 naked puts for .34 cents and I am eye selling the January $32 naked puts. The dividend on T stock at $34 is 5.1% which should keep the stock in a tight trading range.

Welcome home AT&T. I am glad to be back Put Selling T Stock again.

I will include a chart this evening to show the reasons for my selling AT&T stock. I realize that the telcoms are suddenly falling out of favor but I will write more about it this evening.