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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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Earnings on Elli Lilly.

They were great. Did you miss playing them? Was it a bet to rich to make? There was however an opportunity to profit on it's downside shortly thereafter. Let's begin.
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Nice chart, right? Could you have bought the Calls on the closing the day before? Here is how they closed the day before. They closed at $19.31. Anything above $760.00 would be pure profits. The stock went up on the opening to $795.50.
But wait. What goes up must come down. Here are the
790 Puts at 10:01 a.m. That was very close to the top of the days trading range. I was watching them. They were at 10.85. The stock at that time was $794.43. If your a short term trader here how things were different at 12:42 p.m.
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The Puts had a healty move. To be continued.

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