Walmart And Costco. Can You Play Them At 11:20 A.M. On A Friday Morning For A Rebound?
First it's one and five day charts. The time period is near the end of the morning trading session on a Friday morning. Walmart and Costco are beat up. .. If you are thinking about looking for a rebound it doesn't help much that Costco is down over $40.00 on the day. Now here is the pricing on one series of Walmart Calls at 11:27 a.m.. Walmart is also trading down. Now here is the price on one series of Costco Calls at 11:28 a.m.. For what it's worth the D.J.I.A. remains strong. Most day traders just walk away from Friday afternoon "last-day-to-expiring" option trading. Now here are the two closing charts. Both series of Calls would have given you your money back but that's about it. The next week out Call options would have provided slight returns. When you see a $46.00 morning drop on Costco you know that the dust still has to settle.