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Costco At The Start Of The Week - With Rising Oil Costs.

Recent Costco blogs have illustrated how "time values" get eaten up the closer they get to their expiracy date this Friday. Here is a five day chart mid morning on a Monday. Now this. The Costco 1,000 Call option. Costco is down $9.23 at 11:51 a.m. to $999.20. Might it rebound back up again? Now a one day chart and the closing reading on the 1000 series of Calls. This afternoon move was nothing. Let's watch and see what happens tomorrow. This is an expensive game to be in. Costco can easily move ten dollars or more on any morning. Here we are again on Tuesday morning at 10:00 a.m. Notice the very low volume of trading. This is a high risk/ high reward situation. To be continued. Now Tuesday and it's closing reading. It is off on the day $5.58 and off $6.69 on Monday. It's easy to get caught offside on these options. Now here is it's five day chart on Wednesday morning. The stock and the Call options are down again. Higher energy prices are now a new expe...
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Recognizing An Oversold Situation On A Monday Morning. Moderna

Moderna. Let's start with a doggy stock that has a large short position.
Now it's opening chart showing five days of trading. It's down. .
Here is some news the market is digesting.
Isn't this just more news of the same? Now a look at the 28.5 series of Calls at 10:25 a.m..
Now at look at the action at 11:00 a.m. The stock is up 20 cents.
It's not enough of a move to get out however the stock is moving in the right direction.
Now at 12:11 p.m. there isn't to much new to report.
.....
Now this.
Now at 12:50 p.m.
I would be thinking of watching it trade minute by minute. Now this.
It can't get much better than this. I would just get out. The morning fear factor that was attractive on the opening is now long gone. The reasons to now be holding this position have changed. It's called Monday morning daytrading. Selling into strenght can be a remorseful experience but one that most usually is quickly forgotten. I will check back in on this position at the end of the day. First, here is how the markets closed.
Now this.
Not a big gain but not a bad gain if you bought let's say ten contracts this morning. Now on to something else.

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