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3:30 P.M. On A Day the DJIA Is Down Like 700 Points.

So here are four solid companies.Let's see how buying two day ( Friday ) Calls are the way to go. 1) .. 38.000 contracts have traded. 2) Is Boeing. .... 3) Is Tesla. . . Now Apple. This time with a 4:00 p.m. chart. . Here now is how the indexes closed on the day. The markets remained largely unchanged in the last twenty minutes of trading. These options are down 28%,63%, 53% and 62%. Let's see what tomorrows opening trading will bring.
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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 expense.
In past blogs it was not uncommon to see Costco jump $20.00 and $30.00 in one trading session. Timing is everything. Here now is Costco on the close on a Wednesday.

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