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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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Fresh Eyes on Deere

Let's start at noon on Monday August 26th. In previous blogs I have mentioned how low the volume of option playing is on this stock. Why is that? Well one of the reasons is that the company is light on new releases and anyone trying to analyze the company should do so with a longer term prospective. It's not like tracking Boeing which seems to have a thousand moving parts and near daily stories of what just happened the day before. That's why I have sometimes said Deere makes directional thirty day moves and it is easier capital on options that are one month out, rather than one week out. That said, here is it's thirty day chart. August 10th was the time to be getting in on it's Calls. It's path forward now is less clear.
That said, let's now start this blog with its five day chart.
It's flat on the day after being higher on the opening.
........
One thought. It could rebound a couple of dollars before the end of the day. Here now is how it closed out the day. The volume of trading on these Calls was next to nothing.
Now this on a Tuesday.
Can you see how suddenly this position lost so much of it's value and might end up expiring worthless on Friday. Three or four or five dollar price swings on this stock happen all the time over two day periods of time. If you get caught going the wrong way can you see how discouraging these options are to play? It's not like playing Tesla options which can swing up or down seven dollars in one day whispering of the silliest of news. That said, Deere options sometimes do suprise. I doubt few other bloggers on the web focus on situations like this. Now the same calls on Wendesday's closing. Down but not out.
Thursday August 29th at the close. Down and not out again. A few lucky traders may have got out at a profit.
Do you think this chart will bounce on the opening? It seems to have a lot of froth and six hours of trading life left in them. Let's see what happens. Here is the Thursday at the close five day chart.
Now to Friday morning, the culmination of a long week of nursing this series of Call options. If you have any of these Calls you would be wise to get out at this point? There are after all easier battles to play. Yet ten again some traders like Fridays action.
Here is how it closed out the week.
Friday turned out to be a week of upward action. Fianally, here is Deere's thirty day chart.
Now it's ninety day chart. It look s like it wants to break out.

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