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$Home Depot And $Lowes On A Wednesday Morning

These are both what I would call "Big Boy"stocks which are somewhat volatile. Their price movements are often dictated by economic reports. Today is a Wednesday which is mid week in the weekly trading session. Options purchased this morning that expire this Friday will give you one full day of trading today and two more full days of trading. Both of these two stocks are up about $10.00 per shsre in the last two days. Both stocks can move either way. My focus is on the Puts which are both somewhat expensive. They have to be because these stocks are so volatile.Catch the right direction and you will do quite well. Retail stocks like this have a wide following and the price of both of these stocks can be affected by a number of differing ecomomic reports. For this reason the timing of swings can be somewhat of a guessing game. Now this. New home sales in the U.S.A. where down 6.2% in March and down 11.3% in April. It's May numbers are not released until June 24th. Now Home ...
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Do You Have To Be A Wizard To Play Exxon Mobile Options? You Decide.

Look at this chart. It's Exxon's one day trading chart of last Friday. Zoom,zoom, zoom.
Here is it's five day chart.
Shipping oil on the high seas is becoming more of a game of cat and mouse. Some ships regularly change their flags and their colors. Looking at the above five day chart on Exxon Mobile would you want to be holding this weeks 135 Calls starting the trading session on Monday morning? Here is how the 135 Calls closed the week.
Now this, the premarkets on Monday morning.
You can't trust these numbers. Sometimes the hype burns itself out before the markets open. At some point in this process the following news was being assimilated.
Now this.
Exxon jumps on the opening but not that much and quickly gives up some of that gain. Now this.
The Calls are up 25% in the first three minutes of trading. That's something but not all that bad if you bought into this series of Call options during the closing seconds of Friday's trading session. Are traders now rushing in to buy the Puts?
Not really. Exxon Mobile commands respect. Now this at 9:57 a.m. Exxon is now down.
Making money on Exxon Mobile Calls and Puts requires you to be in the zone. *** More on being in the zone. Tuesday morning.
Exxon has a small spike on the opening and the Puts trade down.
Now this chart as Exxon gives up some of that gain.
The Puts change in price.
You can see how this action never stops. Exxon went on to close the day on the upside again.
Exxon never sleeps.

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