Tuesday, November 25, 2014

Trade Summary: It's THE PHONE COPS MAN!!!

No, I'm not Dr. Johnny Fever, but I did decide to take a snoozer position in T - AT&T.

The brick:

5 contracts T April 2015
Max profit $172.10
Max loss (1000-172.10) $827.90
Days to expiry: 145
Projected annualized gain for worthless expiry: 19%  
Yeah, it's going to be boring.  T hasn't touched $32 for over 9 months.  Will probably take it's sweet time to hit my target.
Stay HUNGRY my friends.

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