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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 ...

Netflix - One Day vs Next Weeks Calls.

It's Thursday and the "DJIA" is up.
Here is a look at how Netflix is doing.
Now this.
Remember that this stock recently did a 10-1 forward stock split.
Things don't look good, why isn't the stock sharing in today's upward glee? In situations like this it's best just to stay away. Look at how cheap the Call options look that expire tomorrow.
They look tempting however next weeks Call options offer so much more security.
Now this at 12:38 p.m. The markets continue to go up.
Netflix continues to sell off.
Now I am showing tomorrows and next week's Calls just after noon hour. The options that will take the most heat for the rest of the day will be the short term options.
There are decent volumes in both of these series of options. An end of the day report. First the options that expire tomorrow. It would be silly to be in this series of Calls.
Now next weeks Calls.
Now it's five day chart.
One week options are a long way away. Stocks with a bias to the downside are difficult to trade. Now this.
It tells you what Netflix is up to. Investors don't like confusion. Now Friday on the opening. Look at the volume of Calls traded in the first few minutes. They have doubled in price. They are the ones I said were silly to be in.
What about the one week out Call options? Well they have also provided a healthy return. Now would be a good time to get out.
Now an end of the week report. The near term options didn't do well. Next weeks Calls still have lots of life lft in them.
.....
To be continued in a week or two.

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