Unusual Options Activity: AT&T (T)

Networks and now content are the backbone of AT&T's success Some traders are betting on a drop in AT&T (T). The telecom/media conglomerate has been trading in a $30-33 range for most of the past year, with the recent downturn taking shares down to around $30 on Friday. With a surge in volume on June put options for $29.50 and $30.00, some traders are expecting further weakness in shares before June options contracts expire, although not by much. This may indicate some more ...
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