Pfizer - Five Day Options Starting On A Monday Morning.
Monday December 29th The DJIA dropped on the opening. Not a massive drop, just like 250 points. So I am looking at Pfizer again, this time to the upside. It's only down $.07. The option volume is healthy which is a moderately good thing. If the markets rebound upwards then these options will be super sensitive to a rebound. Buying one week until expiring Call options on a Monday morning is not usually a smart thing to do. By waiting until the afternoon hopefully morning jitters will be behind us. Now this, a look at it's five day chart. Charts are important. Now a 2:05 p.m. update. First it's current one day chart and another market update. Options on stocks in this price range do not kick as much as stocks in the $100.00 price range. Stocks like Netflix are more exciting to play but cost ten times more per contract to buy. Pfizer can jump $.50 in one day and that's what we are hoping for. Netflix can jump $5.00 in one day. The markets are still struggling. Now this...
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