"Pfizer" And One Hour Option Trading. Squeezing Out Money Where Others Fear To Go

Look at this chart

Now look at these slighty "in-the-money" and slighty "out-of-the-money" Calls that expire at the end of the week.

Pfizer has been range bound for a long time and with it's options set up in fifty cent increments the price movements on these options are somewhat volatile. Here we are exactly one hour later.

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$.17 to $.31 and $.43 to $.64. They are not amazing returns but not bad for one hour. Tuesday morning short term day trading like this is free from the worries of "time value's working against you. Pfizer with it's fifty cent option spreads is a good trading vehicle. The difficult part is having the guts enough to buy on the dips.

Now this chart a few minutes later. Yes doing this type of trading requires a sprinking of luck.