Next week AT&T will pay another dividend and, as usual, there will be greater demand for shares and the price will go up. The price of the stock will drop at least 45 cents after the dividend and often much more due to decreased demand for the stock. Using options you can make great % gains buying calls now and selling them the day before the ex-dividend date and buying puts at the same time that you sell the calls. April options are best for this purpose but the weekly options might give even better results.
At noon today it looks like we are finally starting the run up I was talking about a week ago. Look for a much larger run up next week. AT&T will announce the dividend date and the price should soar above $37. Remember to sell your calls and buy puts the day before the dividend.