In today's edition, Motley Fool analyst Austin Smith and "Options Whiz" Nick Crow discuss how to make 2012 the year YOU master the market. In this edition, Austin and Nick talk telecom. Austin likes the dividends that the big duopoly of AT&T and Verizon pay and wants to capture their yield without risking too much money. To counter this, Nick offers an options strategy to allow investors to realize their dividend yields without worrying about their short-term fluctuations.

Nick Crow and Austin Smith do not own shares of the companies listed above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.