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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Pfizer. Playing The Momentum Of An Unexpected Rally.

Many of the drug stocks are up today (a Wednesday) on news. As an example, look at how Eli Lilly is doing.
Can you catch some of this action? Let's look at Pfizer.
One would think that one is to late to the party. Look now at the pricing of these Calls at 11:55 a.m. which expire in two days. This slight dip in it's chart creates an entry opportunity. With a strong upwards projectory like this dips do not last very long. This blog is about buying Calls on the tiny dip you see on the above chart.
Now this, fifty-five minutes later. $.32 is now $.44. This has become a profitable trade.
Can you see how the stock is up only marginally.It's 12:50 p.m.. This is the kind of trading nimble Wednesday option traders teach themslves to do.
Here is how Pfizer closed the day.
It did lose steam on the closing and because of this might open softer on the opening.

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