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A "Love-Hate" Relationship With Pfizer Options

Pfizer options often disappoint however there are times when they can be your best friend. Let me try and explain. First look at it's five day chart. The 24.50 series of Calls have more than doubled in price in two days. Volatile stocks like this in this price range attract an inordinate amount of attention when it comes to option trading and it only flares up during these brief periods when the stock has these extreme price moves. Look at the open interest in this one series of Calls below. It's quite substantial. Now for a simple calculation. If the stock moves up today to $25.00 these $.37 cent options on the 24.50 series of options will probably move up to the $.55 cent range. Buy and sell let's say a block of 25 contracts and you will be rewarded with a nice gain. Now let we share this one observation. Here is a look at how the D.J.I.A. traded yesterday. It was down. Who wants to be holding short term Call options overnight if the markets are souring? Wouldn't t...
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Draganfly In the Premarkets

Up another $1.00 or so. That's the fourth day of gains.That's the kind of charts to be looking for. Here is where things get crazy. With a stock jumping up like this how do you place values on it's options. Look at these two series of Calls which expire next week.
$85.00 dollars a contract for next weeks 15 series of Calls. What this means is that the stock will have to jump something like $1.80 dollars in only a week just to break even. Or look at how expensive this one series of January 2026 options are.
It's all kind of a super high risk puzzle. ** By noon time these options had lost their Friday morning sizzle.
Here is how one series of options which expire expire next week are now trading.
I am kind of afraid of this stock. I am more accustom to playing options on stocks in the higher price ranges that have stories about them I feel more comfortable with. I do watch the stock Ford and wonder what's going to happen with it's stock. Ford's Call options have a wide following with people using it's January 2025 and 2026 Call options as a barometer of what's going to happen to the U.S. economy. Now Monday, October 12th. Draganfly continues to scare me. These options will soon be history so at some point in time there is a need to bail.
*** Now here is a look at this stock on Sepember 22nd.

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