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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

Walmart - Management Has Talked Down The Stock- Part Two Of A Blog Posted Two Days Ago Called The Santa Clause Rally

I spoke about Walmart in my Santa Clause bog two blogs back. Here is what happened today. Let's start at 2:30 p.m. and look at the 150 Walmart Calls which expire at the end of the week with three full trading days still to go.
Now 33 minutes later.
Then this happened..
Then.
They closed at $1.98:00 That's not a bad move in 90 minutes. One Comment. People fear trading short term options. It's Tuesday and time value (the lenght of time it has unit it expires) was not an issue to have to think about. In some ways short term options is the best game in town. **** Did the rally carry over into Wednesday? Yes and no. Look at the high on the opening. It did pop.
The path forward is now not as clear.*** What happened the next day? There was a slight uptick on the opening.
You would of had to be quick to get out near the top. Here is how they closed the day.
I don't like this chart as much as the chart from the previous day. *** Call me timid. The stock and the options jumped the following day Dec.13th.
Note the open interest remained the same. All the volume was day traders. Look at the one day chart. Can you see how compelling it was to hop back in?

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