JossMan

Yea, VoLTE still works on mine

Mine is the same way.

Time decay can be a pain though, this is why I stick mainly to stocks rather than options.

Yea options can net you big money during large mergers, or large cap earning season (Google was another money maker). Its the only time I start targeting options, I mostly only trade small and midcap stocks that are not range bound.

One options contract allows you to control 100 shares of a "x" stock, option calls are for when you believe the price of the stock will go up, option puts are for when you believe the stock price will go down. I do not trade options much but this was a easy give me free money that this merger was going to get approved. Basically I purchased 300 option calls at a strike price of $8.50 to control 30,000 shares of Sprint. These options as of yesterday were only $.03/ per option = $3.00x300 per contract for a total of $900.00. When the merger was announced at 11:30AM and as Sprint's stock started moving towards $8.00 per share these option calls increased in value. My $900.00 entry netted me close to $8,000 within 24hrs. Easiest trade I have ever made in my trading career.

Love it! 325% on my option calls, thanks T-Mobile and Sprint you have paid for my wireless bills for the next 10 years! 🤑 Exciting times!

I have several option calls on $S and $TMUS and I need this merger to be done like....yesterday... lol

T-Mobile is trying to control the PR, earnings were released today with a EPS of $1.09 which beat the estimated $0.97 T-Mobile still making moves. One of the best quarterly results to date for $TMUS, the conference call will more than likely include the announcement of the Sprint/T-Mobile merger. I suspect we will get some news before the open of the trading day tomorrow.

As a trader the market chatter is that an announcement could come as soon as tomorrow if not by then by end of week.

This merger is now totally different from what was originally planned merging and creating a fourth carrier, giving up spectrum, at this point I sound like a broken record. Son needs to give up and take the "L" and sell Sprint to someone that will actually spend the money and get Sprint back on its feet, if Sprint needs to file chapter 11 bankruptcy, do stock offerings, sell portions of their network so be it this has become a clown show at this point.

8615 is only 5x5MHz here in the Bristol TN/VA and surrounding area. Sprint has CA 8665/8615 here and still pretty speedy with speeds hovering in the 30Mbps during peak times and bursts over 50Mbps at times.

Altice should just be number 4, they are already using Sprint's network for their wireless offerings. Spin off some PCS, BRS, and 800MHz and let Altice go at it.

Pretty simple, its clear the DOJ wants to keep four carriers. Everyone knows that having three carriers will kill all competition in the wireless market. Best thing for Son to do is take the "L" and sell Sprint to someone that is willing to put in the CAPEX and give Sprint a nudge in the right direction.

What a plummet on Sprint and T-Mobile....

As a now full time stock trader, how bout that 25% move pre-market, easy money! 🤑