AT&T Inc. (NYSE: T) recently up 39c to $37.90:

AT&T will be participating in the 700 MHz spectrum auction that begins in December. AT&T's CEO & Chairman Randall Stephenson said last night "700 MHz is the last available spectrum out there." The company has been frequently chatted about as interested in acquiring DISH. T December option implied volatility of 32 was above its 26-week average of 27 according to Track Data, suggesting larger risk.

Verizon Communications Inc. (NYSE: VZ) recently up 09c to $42.50:

VZ is expected to be participating in the 700 MHz spectrum auction that begins in December. VZ over all option implied volatility of 29 was above its 26-week average of 25 according to Track Data, suggesting slightly larger risk.

Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option update: AT&T & Verizon expected to bid for 700 MHz Spectrum originally appeared on BloggingStocks on Thu, 29 Nov 2007 17:26:00 EST. Please see our terms for use of feeds.