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Chasing Unusual Charts. Pfizer

This stock had an unusual trading pattern last Friday. It is now Monday morning and this weeks option trading will be shortened by one day because of thanksgiving on Thursday. Here is the stock chart I am referring to. $24.50 to $25.50 in one day and now chilling at $25.00. It now has to move one way up or down. How do you decide which way? That's the issue. To buy both the Calls and the Puts means that you are going to get burnt one way. Here are the pricings on both the Puts and the Calls two minutes into the opening trading. The open interest in both the Calls and Puts is next to nothing. One thing is for certain. Traders are soon going to wake up to this action. The spread between the "bid and ask" on both series is $.05. That's not an issue. Lets check in at 9:58 a.m. to see what is happening with both the Calls and the Puts. .............. So what to do? Wait. It's now 10:47 a.m. It's now 11:00 a.m.. If we are going to make a stab at playing the d...
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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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