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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...

Can You Play Deere For A Friday Morning Pop? It's Tricky.

Maybe, here is it's five day chart at the close on a Thursday. Yet a five day chart isn't going to help you in figuring out what is going to happen next.
Which way, up or down? Here are the slightly "out-of-the" money Calls as of a Thursday June 6th closing with one day to go in their trading life.
You can see more people like the upside than the downside? That's always the way it seems to be. Now here are some slightly "in-the-money" Puts.
The stock has gone sideways all week. The number of open contracts on these now "one-day" options are very light so that will have no effect on which way this stock will move. Recent history tells us that one day Friday reversals on this stock are a frequent occurance. Wait until it opens and moves in one direction and then get before it moves in opposite diection. Buy "out-of the-money" options and hope for a three dollar swing in the options. That's not much of a strategy and look at how few traders are playing that game. No one really is. Yet recent histories tells us one day reversals off this magnitude are a very common occurance. Is this a reckless trade? Yes very reckless. If however you are coming off a quick win from playing options on something else it might be something you might feel comfortable entertaining. Let's watch now and see how this situation plays itself. It tanked on the opening and quickly pulled itself up.
Here was the opportunity to play a reversal.
This all happened in the first hour of trading. Now here is how it was trading at 1:15 p.m.
Now the final one day chart.
Remember with option trading the rule is on Friday retail traders must be out of their option positons at 3 p.m.. Now the five day chart.
It's funny when you can double your money or make even more on a trading day when the stock really didn't do anything.

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