A Look at Four Different Call Options On Big Name Stocks Going Into A Mid Week Trading Session- Part One

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I don't like overnight Call options on one week options going into a Wednesday mornings. The time value built into option premiums is to much. Let's follow these four one-day situations. 1)
2)
3)
......
4)
Let's check in tomorrow to see what option trading patterns we observe. 1)
2)
3)
4)
So up 18%, 6%, 9% and down 57%. So my point is that there are no real gains to be had from holding overnight positions on Tuesday, on short term "one-week" Call options. Yes the D.J.I.A was down on the day and yes the sample size was very small. It's just that my feeling is that Tuesday night overnight Call positions just don't excite. Option trading is the study of enterance and exit points. Now here are the readings on Thursday close. 1)
2)
3)
4)
So down 54%, up 66%, up 89% and down 45%. Yes the D.J.I.A was down a small amount today. So what does this tell us? The action of holding short term Call options purchased on a Wednesday going into Thursday is greater than the action of purchasing Calls on Tuesday going into a Wednesday. We will check back in after the close on Friday for the final readings and a conclusion.

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