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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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Ford. Pick Your Battle

It's down on a Wednesday and here is some recently released news.
Now here is it's five day chart.
So it's around the 2:45p.m. on Wednesday and not much is happening with the stock. Recently the option chain link was changed. Say goodbye to the 12 series of options, the 12.5 series of Calls and the likes of numbers like that. Now they are the 11.82 series, the 12.32 series ,the 12.82 series.... Why the change? It could be said that stocks are more likely to close closer to numbers like 12.00 or 12.50 so that could be part of the reason why. So hear is a printout of where the 11.82 and 12.32 series of Calls are now trading.
What are two reasons why I like these Calls? The first is that they could rebound on the closing today or on the opening tomorrow without the time value left in them becoming a big issue. The second reason is that there are more outstanding open Calls on the slightly higher and now "out-of-the money" Calls. To be more exact there are 2,646 contracts open on the 11.82 series and 17,507 contracts open on the 12.32 series. What different does that make you might ask? It will be in the best interest of the option makers to try and close the stock on Friday below the 12.32 price point. That will burn more option holders. Disney is also a stock now in this situation. Last week it popped up to over $110.00 a share, for the first time in a long time and now it has retreated about $2.00 per share in the last few days leaving a large number of Call holders holding the bag on $110.00 Calls. That was the series most actively traded last week. The overhanging number of open Call option positions may be something to consider the next time you are looking at Call options like this with only two days to go. Now here how it closed the day.
To be continued. But wait. Everything looked great in the premarkets.
Then the opening. Yes you could have picked a price and tried to get a fill. Then the opening. Ford dropped, meaning the pain and suffering of waiting for a rebound.
Now this,thirteen minutes later.
Now it's 9:54 a.m. and here is what the chart now looks like. That's the kind of strenght you should be selling into.
.....
They hit a high of .43 dollars and here is how they closed the day.
If you are in Canada and you have to pay crazy high commissions on these low priced contracts you have to buy like 50 or 100 contracts to make any money. The end.

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