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Options On Stocks In The Fifteen And Twenty Dollar Price Range With Seven Days To Go And Not Five Days To Go.

I should have called this blog "Ford Calls" or "Harley Davidson Calls" to get more hits but this time I want to show you something a little bit different. What I want to show you is how options with seven days of trading life left in them can suprise. Seven days and not five days. What's the big difference? Well the extra day buys you the action of a Friday bounce without having to worry about your option position expiring that day. Seven and not six days also. These options would need to be bought on a Thursday before the close. This may sound kind of confusing but let me show you two examples of what played itself out last Friday. Let's first use the stock Harley Davidson and use it's Call options as an example. Here is how "seven-day-out-Call-options" would have traded the day later on Friday February 12th. They jumped 60% in one day! What kind of a jump in the stock's price would have caused that to happen? Well let's look at it...

Polestar

Remember Polestar and it's recent reverse stock split? It was a 1-for-30 reverse stock split effective December 9th 2025. Now it is rebounding back upwards.
But wait, the option makers are making sure use can't use these short term options as a way to play it. Look at this, options on it that expire at the end of this week.
No volume, no open interest and a crazy wide bid and ask. What about it's further out Calls? Here is one series further out.
Last at $3.30. They are priced reasonably. Four month buys you a lot of time. Now look at these other four EV companies over the last 90 days.
Given the volatility in all of these options maybe Polestar's four month out, just slighty "out-of-money" options do have some creditability. **Now the same Polestar Call options one day later.
*** Now this printout on January 16th. Look at how obscure this series of calls has become.
To be continued.

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