T AT&T Options Ahead of Earnings

٢٣ يناير

If you haven`t sold the double top on AT&T:

nor bought the dip:

Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 17usd strike price at the money Calls with
an expiration date of 2024-1-26,
for a premium of approximately $0.43.
Looking at the chart, I think T is heading to a triple top, or a Head and Shoulders chart pattern.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.