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My Addiction To Pfizer Options.

I am sure it will go away but here is today's action. Addiction may be the wrong word, perhaps fascination is better. The DJIA index closed up 588 points on the day, a Wednesday after losing more than that on the previous day. Now Pfizer's one day chart. Can you see how it got dragged up? Now this. A look at it's Puts which expire on Friday. Now this. There was no trading in them during the last 2.5 minutes of trading. In some ways that's a good thing. Could tomorrow's market open down? Here is what it's five day chart now looks like. At 9:32 a.m. this morning it was trading at $25.62 and at 10:02 a.m. it traded down to $24.44. A drop like that on tomorrow's opening would do wonders for these Puts. Let's see what happens.
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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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