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A Weekly Review Ending The Week Of Oct.4th

Let's start with the stock Ford. It's up. That's something that doesn't happen very often. Ford hitting a new 52 week high. Try and follow Friday's one day option action. Here is how two series traded. Both the 12 and 12.5 series of Calls exploded on Friday. But wait, there is a twist. The action didn't really happen until 3:00 p.m. which is the time retail traders needed to be out of their position if they were playing this weeks option series. An equal amount of action happened with next weeks Calls shown below. Here they are. ............. ........................................................................................................................................... 2) I did a blog on the Canadian company "Dragonfly" back on Sept.20th when it was trading at $4.42. The January 2026 five series of Callsat that time were trading at $.55 with only 91 oustanding contracts open. The printout below illustrates that. Here ...
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An Introduction

Online trading accounts. Some people call them a gift from the Gods! Instant access to a world of endless trading opportunities. Seamless executions with one click of a mouse.
My name is Peter and about 45 years ago I did a short gig as a “Merrill Lynch” stockbroker. Prior to that I worked for a "boiler room" type operation which fosued on mining stocks. I did not fit in well.I was busy trading EXon options and watching the back office skim money off of my profitable trades. I now work in an unrelated profession, but I still have a passion for day trading. I like Fridays for trading "one-day" options that are soon to be expiring. You can get the most bang for your buck on that day if you correctly anticipate which way an individual stock is going to move. Often times they change direction after the first hour or two of trading. That makes trading options on them more interesting. One of my favourite stocks to trade options on is “Caterpillar” because daily swings of two or three dollars on it are the norm. It is also a  stock very much void of most market chatter.
It is however largely owned by institutions who sometimes have a herd instinct when it comes to trading. 
There are times when I will take a week off from watching the market, knowing that I will be not be handicapped when I return to the action.  Option trading always offers a world of trading opportunities. Donald Trump has in some ways helped to make option trading easier. Stocks now move up and down everytime he says something about tariffs. Without any further introductions let me share with you some of the things I see happening in the markets. I offer no promise of instant successes. I just think that people in general will benefit from being exposed to platforms like this. Coming soon will be a sister site called "Ford Puts.com."

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