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If a Stock Drops 10% In One Day Can You Play It For A Two day Rebound?

Here it is. Here are the 240 series of Calls that expire in two days. $565.00 U.S. is a lot of money to shell out as an experiment. Now this. The next days action. Half of this options life has now disappeared. Now a look at its five day chart which tells a different story. I don't like chart charts that look like they are languishing sideways. This one does. Analysis explained this drop away under the guise of "macro shift's" happening within the industry, not company specific reasons. With just one trading day left I would get out. Hanging in is to big a gamble. Wednesday's index loss was almost 500 points and today's action was an across the board market rebound. Get out and start tomorrow with a clear head. Read my previous blog on Pfizer options which also traded during the same time period. *** Friday morning's early action. Yes it couldn't hold it's gain.
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Draganfly On The Fly.

A few months back this Canadian company was trading around $4.00 a share. Here is it's five day chart and it's year-to-date chart.
Options on stocks in the ten dollar range can over amazing leverage. Let's watch how the short term ten dollar options did on today's opening of this stock. Other stocks in the same spce include 1)
2)
3)
4)
5)
All are dangerous to play. Let's watch how the Dragonfly options do on the opening. I have talked about this company before. One series of it's options just jumped over 50% in less than the first three minutes of trading.
The jump in price was short lived but it did happen.
Are you following these charts and looking for action? Acher and Joby both dropped 10% on the opening.
What happened? Two things.
There will be more action to follow. Draganfly ended up trading sideways all day.
##Draganfly jumped again on Thursday.

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