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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...

Sunnier Days

The Dji index is down 500 points in one morning's session and it looks like some stocks might be looking for reasons to rebound. Look at Moderna, a drug stock and it's five day and one day chart as of 12:30 p.m. today. It's down sixteen dollars on the day.
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Here are a look at two series of Call options on it which expire at the end of the week.
What's now happening? Players are looking for swings. If Moderna was to gain back half of what it lost on the day in the next few hours then the Calls with the two hundred series striking price might rebound back up to three dollars. It's the two dollar options which are trading with more volumes. So option players are looking for a three hour afternoon rebound to make a gain of fifty percent on their investment. Fair is fair but think of all the speculators who bought in when the stock was five or ten dollars higher earlier this morning looking for a rebound. In the big scheme of things when the markets drop five hundred points in one morning and your sitting on the sidelines the best thing to do is wait for sunnier days. *** Part two. This morning Boeing continued to move up, following it's recent trend. Yet why is it going up if the rest of the market is crashing?
Boeing did finally decide to sell off in sympathy with the rest of the market as the above chart shows and at 1:10 p.m. here is what these Puts looked like. It's mid morning running out of steam did create a playable trade. I will recap both of these trading situations at the end of the trading session.
+++ The markets traded sideway all afternoon and never came back. No pop in Moderna and Boeing tried to rally but then gave it all up. That's why you kind of have to stay away on mornings it drops 500 points.
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