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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. 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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One And Two Day Options. Should You Be Playing Them?

There are stocks I like think will go up with time and stocks I think are vulnerable to the downside. On one page of my screensaver (I have nine pages of names I feel comfortable watching) I watch Rivian, Vinfast, Lucid, General Motors,Tesla, Stellantis, Nio, Xpen and Carvana and on another page Boeing (I like Monday morning pops on Boeing but the tariff issue with China might be bad news for them) Exxon-Mobil, Caterpillar, Deere, Ford, Walt Disney, Uber Technologies, Walmart and Costo. One page I have which is somewhat disjointed can be found the names First Solar, Livewire (what a mess they are in)
Uniqure, Joby Aviations, Quantiumcape, Roku, Interactice Brokers, Snowflake and Pony. Look at the Pony 30 day chart.
With so much to watch how can anyone hone in on one and two day options? A better question is why not focus on one and two day options, more specifically Thursdays and Fridays when you can get the most kick for your money. Boeing, Tesla and Caterpillar will always be doing their things and are likely to trade om news specific to their companies. In a May 1st blog I wrote on Mcdonalds I showed the following one day chart. It had an earnings release which was questionable and open to interpretation. That's the kind of situation one looks for in short term option trading.
Between 12:00 p.m. and 12:30 p.m. the one day Puts doubled. Impossible to play to play you might say? Well not really if you bought Calls on Mcdonalds around 9:50 a.m. and rode them to 11:20 a.m. Having the clarity of mind to do the first trade would have empowered you to do the second trade. Notice when I talked about short term options on McDonald's and Walmart I didn't include the technique of holding options overnight between Thursday and Friday. There is risk involved in that technique which isn't quantifiable. So folks, fashion you setbelts and get for more blogs like this. Picking stocks in the higher price range tend to work better in this adventure.

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