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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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A Week Unlike Last Week Where Walmart Got Stuck In The Mud

Walmart last week was up $3.66. Boeing in contrast was up $16.05 and it's Calls were smoking hot. I blogged about Walmarts Calls being a great trading vehicle last week. This week not so much so. At the start of the trading week unlike the end ofa trading week these Call options have some intrinsic time value built into their pricings. Premiums on options with four or five trading days can be relatively expensive and premiums in theory lose about 20% of their value daily as we move closer two the Friday at 3:30 p.m. deadline. Let me show you how the stock traded today.
Now let me show you how the stock traded over the last five trading sessions.
Here now is how the DJIA closed out the day.
Now look at how these two series of Call options traded on the day.
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In my previous blog I talked about Walmart Call options with two days to go. These Call options have four days to go. Now Tuesday morning.
The DJIA was down and so was Walmart.
In fact, the 100 Calls were down by 50%. But wait, there are three more trading sessions left to go before they expire and that's the beauty of four day options and not one-and-two-day until expiring options. Walmart options are a barometer of how the markets are trading. The pain of a recession is not yet taking a bite out of this stock. Yet there is cause to worry. Traders bullish on Calls now for over a year on this stock might suddenly need to do a market reset. Walmart and Costco can't keep on going up forever. If they both start to sell off in price there is not going to be a quick fix to turn things around again. Let's look at the one year charts on both of these stocks.
Walmart Call options reacte to one dollar price swings. That makes them interesting to play. Tuesday had an afternoon scare.
Last week when the DJIA jumped over 500 points in one day the ride was so much smoother for most Call option players. Thursday also turned out to a disaster. That's what sometimes happens when analysis go south on a stock.

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