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Suicide Options

Want to split hairs, meaning do you want to chase the most miniscule of moves in a stock's price? With the way options are structured on Pfizer you can. Look at this five day chart on Pfizer and look at this particular Call option series.
These are the 24 series of Calls that expire this Friday. Why do I think these Calls offer good value? One reason is the strong volume of trade. What am I now talking about? As as of 3:50 p.m. today the stock has traded in excess of 39.6 million shares. I take comfort in this number. With this much volume I would think that the option makers would have less power and less desire to control any short term directional moves that this stock has. "Bid" .22 and "Ask" .25 with a high on the day of .42. Purchase these options in quanties of 20, 30, 40 or whatever you want. The tiniest of an updraft will send these options soaring. Well not crazy soaring but percentage wise noticably more. Let's see what happens. Here is how they closed the day which is twenty five minutes after we first clued into this situation.
Ten contracts at .23 would be $230.00 and a jump to .43 would make them worth $430.00. Trades like this up and down could theorically be done multiple times in a one week period of time. I note that 730 contracts traded in the last 25 minutesof today's trading which means that about 29 contracts traded per minute.That's good liquity.
Let's check in tomorrow to see what has transpired. Once again these are suicide options because it is all to easy to get caught going the wrong way. Pfizer was down seven cents on the day.

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