What $1.00 Gets You in "Two-Week-Out-Options" (One Dollar Is Really $100.00 Dollars).

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I have talked about Carmax before. The stock got hit hard on a recent earnings report.
Now it's five and thirty day charts.
The stock seems range bound. I like stocks that go sideways after a slight bounce. Now look at this, a look at how other companies in the same space are trading on the day. They are all down except Carmax.
On a good day when everything is up these Calls could move upwards by 50%. (Don't take my advise ..... learn to look for opportunities like this on your own ....). Here they are at 3:56 p.m. On ten contracts the move on these Calls would have resulted in a profitable afternoon day trade.
Here is how the stock traded on the day. What a smooth afternoon Monday ride.
These are next week's out options. I wouldn't be trading options on stocks in this price range with only days to go.

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