500? Sounds good to me. Meet me in the options market.
Edit: Bought 10 July 28 puts and sold 10 July 27 puts against it. If AT&T is below 27 by July expiration I make $500. If the stock is above 28 by July expiration I lose $500.
Edit: Bought 10 July 28 puts and sold 10 July 27 puts against it. If AT&T is below 27 by July expiration I make $500. If the stock is above 28 by July expiration I lose $500.
Interesting ... very interesting.