Options Trader Sees AT&T Trading Above This Level By January Expiration

AT&T Inc. (NYSE: T) is scheduled to release earnings for the latest quarter on Thursday, Oct. 19.

AT&T Inc. (NYSE:T) is scheduled to release earnings for the latest quarter on Thursday, Oct. 19.

On CNBC’s “Options Action,” Mike Khouw of Optimize Advisors said options markets are implying a move of around +/-5% in AT&T’s stock post the release of earnings.

Don’t forget to check out our premarket coverage here

There was a buyer of 3,324 of the Jan. 15-calls at an average price of 50 cents per contract, Khouw mentioned.

Traders expect AT&T’s stock trading above $15.50 by January expiration.

Post quarterly earnings for the Dallas-based telecom will be at 62 cents per share on revenue of $30.19 billion for the latest quarter, analysts predict.

Price Action: AT&T shares fell 0.6% to close at $14.36 on Friday.

Check This Out: Top 5 Consumer Stocks That May Implode This Quarter

Total
0
Shares
Related Posts
Read More

Save Foods, Inc. Increases Investment In Plantify Foods, Inc. By 55,004,349 Common Shares, Becoming Plantify Foods’ Largest Shareholder, Increasing Its Interest In Plantify To 85,008,698 Shares, Or 23.13% Of Its Issued And Outstanding Share Capital

Save Foods, Inc. (NASDAQ:SVFD) (FSE:80W) ("Save Foods" or the "Company"), an agri-food tech company that focuses on sustainable operations by significantly reducing the use of pesticides, tackling N2O emissions, and

SVFD

Read More

Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%

Recent data from the Viridian Cannabis Deal Tracker highlights significant changes in the valuation multiples of major multi-state operators (MSOs) in the cannabis sector. The Viridian Cannabis Deal Tracker has become an indispensable tool for companies, investors and acquirers in the cannabis industry.

AAWH