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A "Love-Hate" Relationship With Pfizer Options

Pfizer options often disappoint however there are times when they can be your best friend. Let me try and explain. First look at it's five day chart. The 24.50 series of Calls have more than doubled in price in two days. Volatile stocks like this in this price range attract an inordinate amount of attention when it comes to option trading and it only flares up during these brief periods when the stock has these extreme price moves. Look at the open interest in this one series of Calls below. It's quite substantial. Now for a simple calculation. If the stock moves up today to $25.00 these $.37 cent options on the 24.50 series of options will probably move up to the $.55 cent range. Buy and sell let's say a block of 25 contracts and you will be rewarded with a nice gain. Now let we share this one observation. Here is a look at how the D.J.I.A. traded yesterday. It was down. Who wants to be holding short term Call options overnight if the markets are souring? Wouldn't t...
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The Topic of Tesla Jumping On A Friday Morning

Why am I often talking about playing Tesla options with one day of trading life remaining in them? Well the Call and Put options on this stock hava a recent history of pleasing it's followers. What are the odds of sizeable jumps happening? I would suggest more often than you would think. Jumps in the first hour of trading can be large. That's a given. Are you able to make money trading these hot potatoes? Yes and no. Fear and greed come into play. Here is how it jumped in price on Friday morning June 26th .
First it opened lower. The time to buy in was in the very first minute of trading. It topped out at 11:30 a.m. That was a huge increase in price. Then between 11:30 a.m. and 3:00 p.m. it lost $7.00. Here is a better look at this action.
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. Other stocks may also have interesting Friday trading patterns." Last Day Option Trading" is not for everyone. ** Tesla jumped again on Monday.

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