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Pfizer Again. Fast and Quick.

I am back to looking at cheap options again. We have had topsy turvey markets as of the last few days. Are you looking for a cheap position to enter into with instant posible leverage? These Puts were good to buy on the close today. ....... If the stock loses in price what it gained today these ones will be winners. If not there will still be a few days to see if it drops. Here is it's five day chart. In the premarkets (today is a Wednesday) it is down a touch. Now this. Now this Puts at 10:12 a.m. Here now is what the markets and these Puts are doing around 11:12 a.m. In my usual fashion I would say just take the profits and run. Profits like this can dissipate in the blink of an eye. I don't want to worry about what the stock will do next. I am just happy the markets were not a blow up day to the upside. This trade required Pfizer to drop $.34 cents in a short period of time. It did. The charts looked like it could. The end. ...

A Weekly Review Ending The Week Of Oct.4th

Let's start with the stock Ford. It's up. That's something that doesn't happen very often. Ford hitting a new 52 week high. Try and follow Friday's one day option action. Here is how two series traded.
Both the 12 and 12.5 series of Calls exploded on Friday. But wait, there is a twist. The action didn't really happen until 3:00 p.m. which is the time retail traders needed to be out of their position if they were playing this weeks option series. An equal amount of action happened with next weeks Calls shown below. Here they are.
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........................................................................................................................................... 2) I did a blog on the Canadian company "Dragonfly" back on Sept.20th when it was trading at $4.42. The January 2026 five series of Callsat that time were trading at $.55 with only 91 oustanding contracts open. The printout below illustrates that.
Here it is now. Only a few traders have taken their profits. That's suprising.
Now they are up tenfold. One more stock mentioned at that time in the same space was "Unusal Machines" and it was at that time $10.77. Now it's at $16.29. 3) Boeing. Here is it's five day chart. On Wednesday September first I did a blog on mid week reversals and I said I like Wednesday Call options on the close more than Tuesday Call options in general.
Boeing had a nice jump on Thursday. It then went on to do little Friday. 4) Exxon. Here it it's five day chart.
On Thurday at 9:35 a.m. I singled out the Friday 112 series of Calls which were trading at $.68 Cents at 935:50 a.m. which then hit $1.26 at 10:00 a.m.. (later they went on to trade as high as $2.00 before then selling off). ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.................................................................................. 5) Pfizer had it's best week upwards in price in a long time. Look at this chart. It went up.
Now look at one portion of it's Thursday October 1st chart.
I did a blog saying buy on a dip. I showed the 27 series of Puts dropping between 11:55 a.m. and 12:50 p.m. going from $.32 cents to $.44 cents.
Other things also happened like Tesla selling off on Thurday and Friday on this following good news. It was off $10.57 on the week.
Look at it's chart and look at one series it's "at-the-money" options. Traders were all over them. Tesla options are best played hour to hour and not day to day, especially on short term options which expire in the last two trading days of the week.
There is so much to watch. Weekends offer much needed "time out" breaks.

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