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Showing posts from August, 2024

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When All The Drug Stock On Your Watch List Are Down

Can you pick just one for a rebound? Here is my list. Now let's look at Pfizer. When the dust settles might these ones look promising? Yet has the dust settled yet? Now 15 minutes later. Can you see with these "in-the-money" 24.5 Calls the option makers have widened their bids and asks. They are getting defensive as this could be an inflection point. At the same time the 25.5 Calls which are further "out-of-the-money" have taken a beating. Here they are. Look at this chart at 10:39 a.m. Now this at 10:41 a.m. Things should be bottoming here. Now a 1:09 p.m. look at the indexes. On a percentage basis Pfyer has sold of more than other drug stocks.If things reverse it might be one of the first to rebound. I would be getting into the 24.50 Calls now. Yet don't do what I say. I could be wrong. Friday however is still a long time away and this position buys you some time.
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The D.J.I.A Drops over 1,000 Points on The Day

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Yet some lucky option trader's could have made money buying Telsa Calls. Bumpy markets offer Option traders some of the best times to make money. How have Caterpillar, Boeing and Deere done in the last five days? All three of these stocks offered Call option players decent returns if the bought in just after the opening this morning a Monday. To be continued.
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Roku And It's 2nd Quarter Earning Report

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Let's start with the time period of Thursday morning with an earning's report coming out after the closing bell. Look at how crazy expensive these three series of Call options are. They are the Roku "out-of-the-money" Call options that expire tomorrow. The volume in them is not all that crazy but if I owned the stock I would be tempted to sell the Calls against my position and hope they would expire worthless. Tomorrow is Friday August 2nd. ...... ....... Why pay so much? Why pay $4.05 for a Call with a striking price of "58" with one trading day to go in the contract? The stock would have to jump four dollars just to get your money back? Talk about stupid? Yet then again Netflix, a company also in a similiar space sometimes moves like ten dollars in one day. Here now is a look at what happened by showing tomorrow's five day chart. Down $2.19 on the day to $53.14 with the DJIA down over 600 points. Say goodbye to those Calls if you ever bought in. N...
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