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Playing Eli Lilly Calls On A Thursday.

Here is it's chart. Look at the extreme on day price movements. Here are what the indexes are doing at 11:10 a.m.. Now the Eli Lilly Calls twelve dollars "out-of-the-money" with one day to go. Now this, an end of day report. Now it's five day chart including today's action. To be continued. There is still reason to be optimistic. Now this in Friday's premarket. Friday was a suprise. The 140 Calls turned into a suprise. Very few traders had the guts to play them. This happened. Eli Lilly often suprises. Jumping in on wednesday on the downside or jumping in on friday morning was the way to play it.
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Deere and Company - One Of The Most Dangerous Series Of Call and Put Options to Play When There Is Only Hours To Go.

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If you have winnings from a previous trade sometimes you value that money differently. It's difficult to explain why but there are scholars out there who have written books on this very topic. It's like play money or free money that you can now use to make the wildest option trades you can think of. It's money you feel you can risk. It's like being a kid in a candy store with money in your pocket. Everything looks good.There are two stocks that I sometimes follow, Dominos Pizza and John Deere. Both have options available to trade on them however the Call and Put options on the first one, Dominos are near impossible to trade. Why? Well on a Friday morning with options expiring that day on it, how do you predict which direction the stock on the world's largest pizza company is going to go? The answer is you can't. The company is painfully aware that one news release about the price of cheese going up or problems with their ordering apps could send their stock int...
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