So rather than owning T, Stutland looks at an investment strategy that uses options. Check out the video to see his full report.
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Trader disclosure: On Dec. 1, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Seymour is long AAPL; Seymour is long BAC; Seymour is long INTC; Seymour is long CSCO; Seymour is long F; Adami owns C; Adami owns GS; Adami owns INTC; Adami owns BTU; Adami owns MSFT; Nathan has long Dec puts AAPL; Nathan has Jan puts BAC; Nathan has Jan puts MS; Nathan has Jan calls NFLX; Nathan has Dec calls RIMM; Nathan has Dec puts GMCR; Finerman owns BAC; Finerman’s firm has short calls AAPL; Finerman’s firm has leans & calls JPM; Finerman’s firm has short calls IBM; Finerman’s firm owns M; Finerman’s firm owns TGT; Finerman’s firm owns BKS; Cortes is long Treasuries; Cortes is long SO; Cortes is long SVU; Cortes is long DEO; Cortes is short EUR; Cortes is short AUD; Cortes is short MXN; Cortes is short GBP; Cortes is short DB; Cortes is short QQQ; Stutland is long T and short calls; Stutland is long AAPL stock and short calls; Stutland is long WMT stock and short calls; Stutland is short DIA puts; Stutland is short TLT puts; Stutland is long US treasuries TIPS; Biggam has options position in C; Biggam has options position in JPM;
Janney Montgomery Scott is a market maker in the securities of BKS, and may at any time hold a long or short position in this security.
Janney Montgomery Scott may seek compensation for investment banking services from the subject company (ies) BKS security in the next 3 months.
The research analyst is compensated based on, in part, Janney Montgomery Scott's profitability, which includes its investment banking revenues.
Apple (AAPL) The relevant research analyst(s), as named on the front cover of this report, certify that (a) the views expressed in this research report accurately reflect their personal views about the securities and companies mentioned in this report; and (b) no part of their compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or views expressed by them contained in this report.
CNBC.com with wires.