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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 situation? Are one week out options alse something to consider?
One alternative way of playing this is instead to purchase next weeks options (you pick the Calls or the Puts) and sell against them this weeks offsetting option in the hope that this weeks options will burn themselves out and expire worthless or near worthless. Not many traders are doing this simply because they are unsure of how that would work. Here is how it closed out the day.
Here are what the 101 Calls that expire this Friday closed at. No real change.
Now the 101 Calls and the 101 Puts on the following day, a Thursday. Look at how cheap the Puts have traded down to with one day to go!
To be continued.

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