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Costco. It's Short Term Options

 Options on stocks in the $1,000  range often move  50%  or more in only a matter of  minutes on the opening on Wednesday and Thursday's . The trick is to  anticipate correctly which way the markets are going to move. That's a fools game you might say? Yes and no. It may not be a game you ever play but it might be something to consider to put in your bag of tricks when you are on a role. One thousand dollar stocks sometimes move five, ten or fifteen dollars on the day. If you have profits it's best to take them quickly. Costco is a prime example of that. Let's look at this mornings action. First it's five day and one day charts. Tuesday's trading was kind of choppy. Might it drop on the opening tomorrow? Here is a look at where the 1,035 series of Puts closed that expire this Friday. They closed at $8.50. It looks like Costco cycled up about five times yesterday. Given a weak market opening doesn't it stand to reason a three or four or five dollar will be i...
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Walmart- Unexpected Simplicity In Option Trading

If it goes up you make money.The stock is in a sweet spot. Look at it's chart.
I did blogs on Walmart on December 16th, 19th. 31st and Jan 7th and 8th. Stocks in the $90.00-$100.00 price range will swing a dollar or more everyday and the option series are set up in $1.00 increments. Those two factors alone are the key ingredients that draw me to this situation. Read my past blogs on Walmart to get a better sense of what l am talking about. Yesterday was a big day for Walmart options.
Do you agree these options are playable? I think they are. Yet maybe in a week or two my view about this one will change. Please my past few blogs on this one to get a better handle on why I like them. Once again, I think it's in a sweet spot. Now the Jan 30th opening.

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