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"Late To The Party "Option Players And "Disney" On Good News

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. That's why the heading is called "Late to the Party Option Players". It's using options as a trading vehicle to reacte to a situation as opposed to anticipating a situation to happen. 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 ...
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Tesla and Deere Going into a Thursday Morning.

Are you able to remember my blog last Friday talking about Tesla dropping $19.00 in one day and it's Puts jumping up a zillion dolllars? Here are the closing numbers on Tesla and Deere today, Wednesday September 11th. They are difficult to read but Tesla closed at $228.13 and Deere at $388.59
Now look at the sightly "out-of-the-money" Calls on both of these two stocks which expire at the end of the week.
Now the Deere Calls.
.................. Now look at their one day charts.
Remember I have repeatedly said that Wednesdays ( in the context of trading one week options) are the best days of the week for turnarounds situations. Look at the one day charts and look at the gains on the day that both of these option series had. They both took off on the upside after a morning dip. I will continue to track the movement of these two series of Calls over the next two days but the context of this blog is a blog in itself. Wednesday once again can be turn around days. Happy trading. These opportunities are available to everyone. I can't make this stuff up. A Thursday evening update. Deere gave back some of it's previous days gains.
Tesla did nothing.

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