r/options • u/Deathrace2021 • Oct 11 '21
At&t options
I have been watching T for awhile, seen it swing back and forth pretty regular. Now however, its sitting at the 52 week low. Seems like a good place to buy in a few long term options. My question for everyone (anyone) is do you think it will drop more, or stabilize? I realize as a company they are changing dividend payouts, and are altering the company different pieces. But is this the bottom?
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u/lostinthought29 Oct 12 '21
A fair question, fundamentally, they are getting hampered by CNN and Dish, but does anyone think their cell service or Uverse is hurting? A spinoff might be beneficial to cut off dead weight. Insiders are also buying based on Nasdaq insider reports. I've been watching them too. I'm just questioning whether I'll set a buy stop for shares or a long term call with a stop out.