Pfizer Again. Fast and Quick.
I am back to looking at cheap options again. We have had topsy turvey markets as of the last few days. Are you looking for a cheap position to enter into with instant posible leverage? These Puts were good to buy on the close today........ If the stock loses in price what it gained today these ones will be winners. If not there will still be a few days to see if it drops. Here is it's five day chart. In the premarkets (today is a Wednesday) it is down a touch. Now this. Now this Puts at 10:12 a.m. Here now is what the markets and these Puts are doing around 11:12 a.m. In my usual fashion I would say just take the profits and run. Profits like this can dissipate in the blink of an eye. I don't want to worry about what the stock will do next. I am just happy the markets were not a blow up day to the upside. This trade required Pfizer to drop $.34 cents in a short period of time. It did. The charts looked like it could. The end.
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