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$Hertz. Sometimes One Month Out Options Can Be Your Very Best Friend

One month until expiring options can be your very best friend. This time however we are looking at options on a stock in the five dollar range which are less predictable in nature compared to stocks in higher price ranges. The pace in trading them can be slower. Case in point is Hertz. View the following information. First it's trading chart today followed by it's five day chart. ... They are July 17th options and you can see how they had a slight pop on the opening. One of the things I like about this situation is how it's peirs in the industry are trading on the day. Now this readout. Notice the high of $.77 earlier in the morning. Let's move on to Tuesday morning. All three of the stock's piers are up. Whether it's drone stocks or drug stocks or auto retailing stocks it helps when the sector your'e trying to play is in agreeance with you're line of thinkings. Once again it is. Now this. Chat GTP would advise you from staying away from positions li...
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Options On A Six Dollar Stock That Can Surprise. A Five Day Journey Of Adventure ( Big Bear AI)

I have writen a few checky blogs recently about some relatively obsure company called Big Bear Ai. It does however sometimes make the list of the top most actively traded stock by share volume on the NYSE index. That's how I initially discovered it in the first place. It's a hot stock now but it six months time it may be long forgotten. Here is it's year to date chart.
Today is a Monday and here is what it's chart looked like at one point last week when I said it could be a good time to catch the upside. As you can see in one of my last blogs the options on it more than doubled in price on the following day.
This time the chart shows the same end of week bounce and a slight sell off this Monday morning.
Could this be a good entry point? Monday morning sell-offs may linger, longer than one would think.
Now this two hours later. Little has changed.
They closed the day at $.31. Playing options on six dollar stocks is not always a walk in the park. Now it's Tuesday morning. These same Calls had a rough opening as you can see by the chart below and they traded down to just $.20 .
Here is how they closed the day.
Look at the volume of trading. Once we see tomorrows open interest numbers we will be able to see if traders today were getting "in-and-out". $.20 to $.36 is not a bad swing and these options are liquid. Imagine in the U.S. to be able to trade with no commissions. Now it's five day chart.
Now Thursday journey.The DJIA was strong on the day.
The options dipped and then came back again.
Now Friday. First a five day and then a one day chart.
The 6.50 Calls expired worthless. Here is how the stock traded on the day.
The $7.00 Puts were trading at their lows of the day around 10:15 a.m. That was the time to get in and then out at noon.
Tracking the stock like I have done is not that difficult to do. Options on this stock offer multiple trading opportunities. **** By share volume BigBearAI was the most activity traded stock on the NYSE last week.

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