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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
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Roku Again And Playing A Sideways Moving Stock

First its thirty day chart. It looks like it is sleeping.
Now if we go back just a little bit further things seem to change.
I have blogged about playing options on this stock in the recent past. Now todays action and a look at it's one day trading pattern. Can you see it selling off at the end of the day?
Now look at this.The same chart except for it's last hour of trading.
Look at how the 66 seies of Puts were trading at 2:57 p.m.
Now look at how the Roku 66 Puts closed the day after hitting a high of $2.20 in this afternoon sell off..
That's how quickly option prices can change. These are early in the week options which are not as dangerous as one day or last day options. If you catch something like this only once or twice a week all would be good. **** Let's look forward to Monday morning April 8th before the markets open. Here is it's chart from the previous week.
Now it's thirty day chart.
One question we might want to ask is why are we even watching this stock when we would be watching something like Caterpillar? Here is it's three month chart.
Well the answer is that a one dollar move in Roku can be as big an event in Roku's option trading price swings as a three dollar move in Caterpillars stock price. Option trading in stocks of all different price ranges offer different trading realities. **** A look at April 23th.

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