"Out-Of-The-Money" Calls On A Stock In The $30.00 Price Range With Three Trading Days To Go
Do I have a secret no one else knows. No. Options priced a $.07 or seven dollars could suprise but you have to be prepared to lose everythin...
Do I have a secret no one else knows. No. Options priced a $.07 or seven dollars could suprise but you have to be prepared to lose everything. The stock is once again Pfizer and look at it's five day chart. With this stock and with it's options in this price range some option traders buy or sell these options in quantities of 100 contracts at a time. Might the stock reach the $30.00 price range and go even higher in the next three trading sessions? After looking at it's chart you might say that's impossible. Here is how the $30.00 series of Calls closed on Tuesday. So here is the thing. We don't need a full one dollar rally in price to make these Calls jump upwards. Even a $.30 increase would cause these option to double if it where to happen tomorrow morning. Today the stock was up $.12 and the Calls actually dropped 36%. That's kind of strange given there is still three days trading life in them. It didn't help that the DJIA was down 157 points on the da...
Do I have a secret no one else knows. No. Options priced a $.07 or seven dollars could suprise but you have to be prepared to lose everythin...
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