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Replies to #1549 on AT&T Inc (T)

leftovers

04/01/19 2:11 PM

#1550 RE: penny millionare #1549

I personally use options to boost returns on stocks I already own! I am very short term options trader one to three weeks max.


With T it moves .20-.80 cents in either direction daily so I just follow the trend. T doesn't move 2-3 dollars unless something dramatic happens.


I bought my last T 31 calls last Thursday and sold it today to capture .60 I used the same amount of shares I have long.


I do this often as you don't have tie up much funds. I also use stops to reduce risk.