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A Look At "Ford" Calls On A Tuesday Morning Opening. FORD BLOGS CAN BE A GOOD READ

Here is how it seems to be set up to go. How it all turns out might surprise you. We are expecting a slightly weak opening on the price on Ford's stock price this morning and on the D.J.I.A. index. Yes there is fresh news on the Ford Motor Company before the opening. They have announced yet another recall. This time it's for "wiper blade" issues on over 400,000 vehicles. That number is not a typing error. At least it's not a recall for engine or transmission problems. In an odd sort of way this news will help to get past customers back into their showrooms for like thirty minutes or so. The recall should be a quick, one time fix. It's still however going to cost them massive headaches to organize and millions of dollars. What an inconvience for a large number of drivers. Look at these two premarket readouts, the second one at 9:00 a.m. Can you see Ford's stock price trading down in the premarkets?. The question is how much will the 11.5 series of Calls d...
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Mid Week Reversals On Short Term Options. A Topic Seldom Looked At.

As a writer if you get things wrong you quicky lose all creditability. I understand that. In a blog on Pfizer last week I looked at an entire week of it's trading activities of it's series of 25.00 Calls. The exercise was exhausting. This week I am only going to pinpoint one day of it's trading.
Today is Wednesday. Shown above is one series of Call options on Pfizer which only have two remaining days of trading life left in them before they expire. Most option traders dislike options on stocks in this price range for a number of reasons. Twenty five dollar stocks can wander aimlessly for extended periods of time. I get that. Then why would I be stupid enough to be looking at these Calls at this particular period of time? Two reasons. First, there is the chance Pfizer might rebound on the opening. Why? Well the DJIA closed the day down just shy of 500 points. Trumph does strange things which causes market swings. A rebound upwards could happen tomorrow morning for no reason if a more normal market returns. The second reason that Wednesdays are the one day of the susceptible to mid week reversal. Ai can explain this better. Type in "susceptible to mid-week reversal". That's what I would be looking for in this situation. Now this, it's one day chart.
Look now at the volume of contracts opened in the last 15 minutes of trading. Only 26. I don't understand why more traders aren't looking for a next morning bounce. Now let's move on to the following day and look at this 10:20 a.m. readout.
The $30 cent Calls (thirty dollars) are now $54 (fifty four dollars). That's the bounce I was looking for. Take your money and run before a sense of normalcy returns. Now this.
It's closing reading. It fell back close to where it was trading on the previous day.
This is an excellent example of a mid week reversal. Now on to other things.

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