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Costco Drops On A Friday Opening And McDonald's Goes Up

Here is what happened. Costco goes down on the opening. Charts like this is not pretty. McDonald's goes up. Confused? Why the interest in McDonald's? It's just junk food. If the market rolls over might this stock lose some of it's steam? Now look at these Puts? The volume of trading in them is next to nothing. Without knowing why it's going up makes the purchase of Puts too much of a gamble. Now lets look at these same Puts at 2:24 p.m. They got wiped out. What's Costco doing? Here is where things get interesting. The markets are still strong. Costco is down $74.24 around 2:23 p.m.! It's having a bad day but the stock now seems to be stabilizing. Now this. A look at it's Calls. Remember for retail option traders you're deadline to get out of these "last-day-to-expiring" options is 3:00 p.m. That's only 42 minutes away from the time of this printout.That doesn't give these options much life. Now consider this, after such a se...
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Robinhood Now Has Options On It

Blackberry sometimes follows A.M.C. and now options trade on Robinhood.
Look at the trading volumes. What a day for all three of them. On day two they all lost steam.
Going forward line up all three of these stocks on your screen together. Watch out. When one of these three start to go up the other two will most likely follow. It's a cult like thing. I don't know how Robinhood is going to sell it's sizzle going forward. Brokerage stocks with no proven track record are not something instiutions are going to take notice of.

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