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Step Down Charts And Short Term Options. Nio

Here is a classic "step-down-chart" with one minute of daytime trading life left in them before the markets close at 4:00 p.m.. The stock is Nio. ... This printout of "in-the-money" Call option also shows one minute of trading life in them before the market closes. It's Tuesday and these Calls expire this coming Friday. You are purchasing three days of market trading life. To purchase one thousand shares of this stock would cost you $5,750.00. To purchase options that control the price movement of one thousad shares of this stock for three trading sessions would cost you $370.00. ( Ten contracts at $.37 each). These Calls are also currently $250.00 "in-the-money" which means if the stock totally goes flat for the next three days your options will still have that amount of intrinsic value left in them. Now think about this. Many option accounts in the U.S. enjoy free option trading and there are discount brokers in Canada who can save you money. A fl...
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One Week Options On A Monday Morning

Are you paying to much for time value if you buy in on a Monday morning? Consider these two different Call option series this morning, a Monday. These are 10:08 a.m and 10:13 a.m. readings. 1) Mcdonalds.
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2) Lowes.
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I am not a big fan of purchasing Monday morning one week options because I find they tend to be worth less closer to the end of the day. Let's follow this and see what happens. To be continued. The markets closed strong. It's not often the Nasdaq goes up over 500 points in one day.
Remember I said I am not a big fan of buying one week options on a Monday morning. The Calls on Mcdonalds closed up. The 300 series of Calls went from $1.39 at 10:08 a.m. to $2.23 at the close..
The Calls on Lowes closed up with a bid and ask of "$440.00 and $620.00" on the close with only 15 contracts trading on the day.
Here now is it's five day chart.
I say take your money and run. I don't like holding overnight option positions at this early stage on the week. Things can go the opposite way very quickly. *** On Tuesday the DJIA was up 559 points and Lowes was up a touch again.
The interest in them is very low. Now lets finish off this blog by looking at Friday morning's chart. First McDonalds.
Yesterday the 300 series of Calls were trading at over $10.00. Now Lowes.
A lot can happen in five days.

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