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Will Walmart Go Up In The Next Two Days And Will Avis Budget Come Down In Price In The Next Two Days? A Whimsical Look At Two Day Option Trading.

 What the heck do I know? I am better at picking one day price swings. See my last few blogs. It's Wednesday after the close of the markets. Look at the five day chart on Walmart. There could be a lot on the line if you play the Calls for it to go back up in the next two days. Here are three series of calls to watch. Some of them are very affordable to purchase. Now look at it's one day chart to get a deeper dive as to how it trades. Does it look like it wants to curl upwards? Now Avis Budget.. This stock bugs me because it has gone up so fast on so little news. Here is it's thirty and five day charts. First the thirty day chart. Is it starting to waiver or is it my imagination? Here is the only real news I can dig up on it. If it's going to sell off it would seem to me Thursday and Fridays would be a good day to make it happen. Now look at how these two series of Puts are trading. Calling the tops is never an exacting science. Is all of this downside action wishful thi...
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Costco Can Move .

 Costco doesn't always follow which way the markets moves. Look at these Costco Calls this morning which is a Wednesday. First the Calls.

Only six contract traded in the first six minutes, some as low as $5.30 with a current bid and ask of $6.65-$8.95.  $8.00 dollars would probably get you in now . Now it's Puts.

Last at $5.20 but $4.80 would probably get you in. Here is it's five day chart.  Two days ago it was trading for $25.00 dollars a share less. Now a recap of the end of the day's readings. The DJIA was only down 106 points and look at what happened to the Puts.



Now it's five day chart.
Here is my point. In recent blogs I have talked about massive one day moves on a multitude of stocks. That's simply the way that the markets have worked as of late. Look at Tesla's recent chart as an example. 
When you see a stock in the $1,000 per share range, especially one that is up on the opening on a Wednesday (which is the day of the week the markets can shift direction as I often mention) it's time to think about playing it down.
   You might think to yourself that it's easy to blogs about things after they happen. Read back some of my past blogs. Many are about Wednesday reversals. Wednesdays and Fridays are rocket missile days for short term option players.

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