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Kevin Kelly's American Tower Corp Options Trade

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Kevin Kelly of Benchmark Investments spoke on Bloomberg Markets about a bullish options trade in American Tower Corp (NYSE: AMT).

He wants to buy the July 195 call for $7.60. The trade breaks even at $202.60 or around 3 percent higher from the closing price on Tuesday. Kelly added that the company managed to beat revenue estimates on their last 8 quarterly earnings reports.

Posted-In: Bloomberg Markets Kevin KellyOptions Markets Media

 

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