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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" Options With One Day To Go At 12:16 p.m. Thursday Afternoon. Can You Play Them?

What's going to happen?
:::
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Now it's one day chart at 12:16 p.m..
Now it's five day chart.
It's in an uptread. Now how did the Calls and Puts close the day? First the Calls.
....
They crashed in the end of the day as the stock dropped from 97:89 to 97:39 in the last eleven minutes of trading. Now the Puts. They jumped in the last eleven minutes of trading.
............
Now this. An afterhour readout. The Puts might pop on the opening.
Maybe not. Here is the 7:43 a.m. premarkets.
Now Friday at 1:02 p.m..
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It helps to have a day when the DJIA goes up over 500 points on the day. These are good markets to play the swings.

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