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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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Lucid. A Look At How The Pros Played It.

In recent months Lucid has being down however on days when it goes up it does so nicely. Look at the high volume on this stock today, a Wednesday with the markets to be closed this Friday.
Now look at what the markets did today and look at what the Call options did today. Look at how the stock broke out to the upside just after 11:00 a.m. You could see that coming.
Look at the open interest and look at the volume of trading in these slightly "out-of-the-money" options. It's about ten times higher than the volume of trading on the options with a striking price of only fifty cents lower. Do you understand why? Professional traders do. What an opportunity to crank out big wins. Not everyday is like this. Lucid has suddenly become a "GO TO" stock to use on days when are markets are hot. Now a look at what happened the next day on April 14th. This will be the last trading day of the week as tomorrow is Good Friday. Both of these two series of Call options popped up considerably more on the opening only then to tank. Here is how these two same series of Call options were trading around 11:15 a.m. in the morning.
What is most amazing is the open interest in both of these series at the start of the day. All of Wednesday's fast money was cashed out, not wanting to risk being stuck in these Calls on the last trading day of their life. I NOTE IT IS WORTH READING THIS BLOG OVER AGAIN LIKE THREE TIMES TO GET A GRASP ON THE INTRACIES OF EVERYTHING THAT JUST HAPPENED HERE. *** Now continued, April 18, a Monday. Here is what happened' starting with a five day chart and then a one day chart. It's down another one dollar again.There is a lawsuit happening. Interesting stuff, it"s a buppy ride.
Lawsuits are lawsuits. Lawyers like to stir the pot. The point is, catch this stock when you can on days with strong upticks.

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