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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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Staying With the 175 Calls on Boeing Of The Last Blog

One of the things I elluded to in my last blog is that weekends often act a reset buttons for the market. Sentiment can change. So Boeing jumped on Monday morning and the 175 Calls that expire this Friday went up. Here they are. They hit a high of $5.00. Sometimes it takes thirty or sixty minutes on Monday morning before this sentiment changes. That was the case this morning.
Then the market turned south and the DJIA closed dowm 649 points.
Let's now watch what this same series of the Puts did.
Can you see how options can be valuable trading vehicles in volatile markets? Caterpillar had the same story, a bounce on a Monday morning and an afternoon sell off. The Calls on Caterpillar that closed on Friday at $1.97 bounced as high as $8.40 on Monday morning.
Now look at what this same series of the Caterpillar Puts did on the afternoon.
What is there to learn from this? Well first don't be angry at yourself for not catching this action. Look at the low volume of Put options traded. Drops like this on a Monday muddy the waters for the rest of the week. The world needs to rethink the importance of option trading. Sometimes I feel that I am banging a drum that no one is listening to. All I really know is that Boeing and Caterpillar popped on the opening and then got slammed. A look at the same situation at 10:21 a.m. on the next day. First Boeing.
Now Caterpillar.
Can you see the power of options? Can you see the damage Trumph is causing messing with Tariffs? At some point in time traders will step in an attempt to stabilize the markets. Yet why not just stay away and look for happier days. Trying to outguess the markets is now at this time, a fools game.

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