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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...

Walmart And Costco. Can You Play Them At 11:20 A.M. On A Friday Morning For A Rebound?

First it's one and five day charts. The time period is near the end of the morning trading session on a Friday morning. Walmart and Costco are beat up.
..
If you are thinking about looking for a rebound it doesn't help much that Costco is down over $40.00 on the day.
Now here is the pricing on one series of Walmart Calls at 11:27 a.m.. Walmart is also trading down.
Now here is the price on one series of Costco Calls at 11:28 a.m..
For what it's worth the D.J.I.A. remains strong.
Most day traders just walk away from Friday afternoon "last-day-to-expiring" option trading. Now here are the two closing charts.
Both series of Calls would have given you your money back but that's about it. The next week out Call options would have provided slight returns. When you see a $46.00 morning drop on Costco you know that the dust still has to settle.

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