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Living on Kraft Dinner?

What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...

A Catputs Special. Making Nickles And Throwing Away Dollars

Look at this action today. I thought I was smart buying a Put on Boeing at 10:47 a.m. as it was charging upwards. Then at noon I bought a Put on Deere when it was going sideways and got out an hour later at a slight profit. Just a normal day.
Making $100.00 when I could have hung in and made $1,500. Deere had a sell off. Put option players often dream of being be part of sell-offs like this. Deere had a ten dollar drop in two hours! Why was I determined to get out so early? One thousand in this kind of trade would have made $10,000 which would be a nice way to end a week. I wait weeks and weeks for action like this to happen. I need a drink. How was your day?

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Living on Kraft Dinner?