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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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What is Triple Witching And Last Week's Action

It happens four times a year and it's going to happen on June 21st. It's a market reset. Do your your own research on what it is. Just stay away from trying to play one and two day options on the 19th or 20th later this week.
Look at how Tesla traded this week.
Tesla was up .53 cents on the week however it was up $14.00 in one day midweek! Now Boeing, it was down $12.97 on the week.
Now look at Caterpillar on the week. There was no news to explain why it was trading like this.
At the very same time Deere decided to rebound. Are wheat prices going up?
Nvidia this week topped the $3 trillion market value level for the first time. This stock keeps going up.
Eli Lilly also keeps going up.
Volatility like this should attract option traders however catching just the right situation is near impossible. If you have the energy watch the Tesla conference call that happened last week. Find it on Youtube. Elon Musk is telling the world that autonomous driving is just around the corner. That would be exciting. What ever happened to the "Summer Doldrums? The markets are not drifting sideways. It's difficult to keep up with all the action and some option traders are now opting to shy away from trading short term options. The triple witching thing and market "reset" thing. This could be a disappointing week for traders holding "near-to-the-money" options. To be continued.

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