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.

For more details on how to trade Verizon using similar options strategies with as much potential or more, just click here. You'll be directed to the Motley Fool Options Whiz -- our interactive "Options U" designed to teach you to trade options sensibly, with a minimum of risk, and all the resources of The Motley Fool behind you -- all 100% FREE!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.