Let's start with this.
A five dollar drop is one of the biggest drops in days.
These Calls don't have the strenght of Calls purchased at the close on Fridays which then give you the advantage oil prices shifting over weekend discontent. Let's see what happens.
Now a Wednesday report. There was no real bounce back up however the D.J.I.A. sold off at the end of the day. The 148 series of Calls hit a high of $2.95 and closed at $2.09 with the stock off 23 cents on the day. Trying to follow the Strait of Hormuz news is never easy to do and thousand of troops could be sitting ducks if things suddenly catch fire. One or two ships getting bombed would set off panic. These Calls still have two full days of life in them and anything could happen. These short term options are really a play on Trumph messing up.To be continued. Now this on Thursday morning.
$1.99 to $4.30. Yes you can play these options. Trump wasn't going to solve his problems in a few days. This was a case of buying on the dips. **** On Friday April 17th Trumph proclaimed the war is over. Is it really over? Tension is still in the air. Let's continue this blog and show how Friday afternoon at the close Call options give you further possibities of rewards. Here now is it's one week chart and a look at the closing prices of Exxon's next weeks Call options.
...
Let's see how they open on Monday.
Comments