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Looking for Unusual Experiences. "BigBear".

There is a little stock that has recently started to gain an inordinate amount of attention. It trades millions of shares per day and I recently started blogging about it. It's price changes on a daily basis can be dramatic. Here once again are it's details. Now it's thirty day and five day chart. Option players playing one week options on this stock are getting wild rides. Look at this, today's one day chart. Now look at today's Puts. It's one day, six series of Puts on it traded at a low of $.03 cents in the morning and then shot up in the afternoon. $.35 cents was the high. Is there any point in taking this stock seriously and tracking how it's options are trading? Usually I would say not really however when I see millions of shares trading everyday I know that millions of Americans who can trade commission free can glue themselves to their computer screens and play like these these options all day long enjoying these two and three and ten cent price...
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A Follow Up On The Deere Crash

Let's quickly get up to speed. Here is a chart on Deere at 1:08 p.m on a Thursday and a look at the $480.00 series of Calls which expire tomorrow. Note the stock at this point in time is down $35.12 on the day on a bad earnings report.
Now this, a look at one series of Calls. The 480 series of Call options. They look cheap. In a recent blog (well just last week) the stock Eli Lilly was in the exact same boat. Here is it's 30 day and 5 day charts showing a rebound after a steep decline.
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We are talking about Eli Lilly crashing in one day and then moving up after that like $50.00 in just five trading sessions. Isn't it true that stocks after a major fall like this tend to take a couple of days to rebound back up again if that's the direction they decide to go? Based on this occurance isn't it possible that Deere could sell off some more before the end of today's trading day? Here is a look at the 480 series of Puts that expire tomorrow. The time now is 1:39 p.m. (on a Thursday) and they are trading at $475.00 per contract. Back at 1:09 p.m. they were trading at $431.00. .
Guess what they closed at at the end of the day and what do it's one and five day charts look like?
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So the Puts closed the day at a price lower than they were trading at back at 1:09 p.m.. Usually further weakness comes into a stock in the last few minutes of trading on a day of a major decline like this.This time that didn't happen. Remember also that the 480 series of Calls we were looking at were trading at $431.00 at 1:09:00 p.m.? Here is what they were trading at on the close, $4.45. Might they now double in price on the opening and then sell off as quickly as they went up? That would take about a four dollar jump on the opening bell to create the needed excitement. It will be a Friday trading session and if you are playing one day options anything can happen. With this stock in this situation I don't want to be in any part of this action. I think in this case the risk is to high. Here is the closing reading I am talking about.
So what's the bottom line. If you made money on today's sell off you can afford to speculate on the direction of tomorrow's action. If you didn't make money on it just forget about it. Well don't totally forget about it. In three months time Deere will have another earnings report. Maybe you can apply what you just learned here to that scenario. *** Now Deere in the premarket at 8:10 a.m. on Friday morning. It's still a case of anything could happen.
So what did end up happening on Friday, Deere kicked back up. The Call options we are looking at doubled.
Here is a recap of Boeing's five day action.
What an exciting week.

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