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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...
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Lordstown Motors and Polestar

The race to go electric can sometimes be expensive and sometimes you have to do unexpected things to keep going. Lordstown has had a rocky ride and announced on Friday afternoon a new partnership. Friday afternoons are the ablsolute worst time of the week to make such announcements if there is a chance investors might reacte negatively to such news. It doesn't give the markets much time to allow this news to sink in. Mondays are better when people are more in a forward thinking mode.That's exactly what happened as you can see from these charts. But first the news.
So your taking on a new partner with expertise who also supporting the share price. What's wrong with that? Look at the money they are pouring into this company and isn't time of the essence to get the project closer to the finish line. Will this news eventually end up being viewed as a good thing? How much value do you place on this new companies expertise? It has to be worth something. Here are the January Calls with a 7.50 striking price. I am not saying to rush out and buy them. What I am saying is that this sector of the market is getting a lot of attention as of late and this could be an interesting play.
Perhaps a striking price of 10 with one year to go might be a better way to play it. Or just stay away and watch how things unfold over the next little while. This stock has had a rocky ride. Here are two other electric car events that happened in the last week.
Now Polestar and a new issue.
Look at the volume of trading on this stock on Friday, simply crazy and here are next weeks 10 series of Call options on it.
An Oct 5th update. It's not good.

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