Pfizer - Five Day Options Starting On A Monday Morning.
Monday December 29th The DJIA dropped on the opening. Not a massive drop, just like 250 points. So I am looking at Pfizer again, this time to the upside. It's only down $.07. The option volume is healthy which is a good thing. If the markets rebound these options will be super sensitive to a rebound. It's only Monday and these options have all week. By waiting until the afternoon hopefully morning jitters are behind us. Now this, a look at it's five day chart. Charts are important. Now a 2:05 p.m. update. First it's current one day chart and another market update. The markets are still struggling. Now this at 2:09 p.m. Now it's final Monday closing reading. The markets never rebounded. So what next? Pfizer the following morning. These Call options are now "out-of-the-money" and are super sensitive to the stock's lastest two cent drop. Here is it's chart. The open interest in the Puts is now double what it is in the Calls. The nice things about $.12 options is that they can quickly go to $.20 options. Look at how they spiked upwards back on December 24th. Here is what the D.J.I.A. index is doing. I keeps selling off. Now this on the close. Only two trading days remain. In option trading two days is a long time away. Down but not out. The markets closed down again on the day. To be continued. Now 11:30 a.m. on Wednesday. The Puts are holding their own as the stock is only off a few cents. The Call holders are starting to feel the pain. Now a 11:30 a.m. readout. What a tough game to be in. To be continued.
















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