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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

The Concept of Buying Options on Stocks in the Two and Three Dollar Range. Polestar and GoPro

It's all about leverage and successfully predicting which way a stock is going to move. Guess right and you will win big. Yet wait, why not just purchase the stock and put it away and hope that it's going to go up? That makes more sense. Stocks in the two and three dollar price range can be extremely difficult to play, let alone playing options on them. Let's look at two of these stocks. First Polestar. It has an earnings report call coming out later this week. Take some time and listen to it..
ANOTHER STOCK IN THE LOW PRICE RANGE IS GO PRO. It has struggled over the years. There are reasons to think that the company could be changing it's business model.
Now it's chart.
Now it's one year out Calls with a three dollar striking price.
Brian McGee seems excited. Future income streams is something that adds value to a cause. One year is a long time out in the future. Yet then again if you like stocks in this price range just buy the stock and not it's options. Turnarounds sometimes take years to happen. *A Nov 16th update. (eleven days later).
Both the stock and the Call options have jumped. The three series of Calls have done wonderfully well. Polestar in contrast continues to go sideways.

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