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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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Ford, Deere, Home Depot and Lowe's

Will Ford jump again this week? Here is how the stock Ford looks in the premarkets Sunday night followed by how Ford traded on Friday January 7th.
Will it jump up again this week? Here is it's five day chart and here is a look at the Ford 24.5 Calls which expire this coming Friday.
My answer is yes I think it will move up again this week however I am not a fan of purchasing Call options on Mondays on options which expire at the end of the week. So no, I wouldn't be trying to buy in on Monday's opening. I might be wrong but that's the way I think. What will I be watching this week? Deere on the downside. Look what it did last week.
Lowe's and Home Depot had bad days last week just as analyst were in the process of upgraded both of these stocks.
Look at how low the volumes were in these two Put series last Friday. Trying to play them now either way is a bit of a trap. Earning reports will be coming out and retail stocks are now difficult to play. ** Scroll up to the top left and press the three line icon to read my previous blog on electric cars.

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