Featured

Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...

"One Day Spikes and More"

This blog is going to write itself. Look at this chart and look at the volume of trading. There are no options on it.
. Some traders watch on their screens lists of the most actively traded stocks looking to daytrade situations like this. It's a different way to trade. Let's see what Monday's action brings.
A Tuesday March 9th update, Look at these premarket prices! Look at the volumes of trading in the last few days. This stock can't keep on going up forever.

Comments

Popular posts from this blog

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Trump Media Technology Options With Three Days To Go.

Another Earnings Report - "Roku" - Thursdays and Friday Trading.