VBIN, T is in my dog stock rotation for selling puts, but IMO it's at the wrong end of it's trading range for best results. I prefer to do that when the SP is 28ish or less. Push your luck with a near the money strike for better premium, and hopefully pick an expiration that gets you assigned close to the EX-Div. If the VIX isn't high you don't get a good enough premium from T to make it worth getting sucked into shares near 30. As Otter said there is no catalyst. The heavy debt may hold it back if rates rise. If it drops on you up here you won't likely want the shares, and then capital is tied up if you decide to roll it lower for little more premium and a truly attractive entry.
I'm not seeing many new candidates for the "safe strategy" at the moment. You know I love to sell puts but I try not to force a trade that isn't there. I've seen how that movie ends at some point. You own a bunch of shares at a not so great price. I try to never have many unattractive trades open at once when the story changes and you know it will a few times a year.
I'm not seeing many new candidates for the "safe strategy" at the moment. You know I love to sell puts but I try not to force a trade that isn't there. I've seen how that movie ends at some point. You own a bunch of shares at a not so great price. I try to never have many unattractive trades open at once when the story changes and you know it will a few times a year.