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Catching The Smallest of Moves Exxon On A Friday Morning.

Exxon on Friday morning. It's five day and one day charts. .............. ..... No real volume in the Calls. Now this. Volume is coming in. It would be nicer to see the spread shrink a little bit. At this price the option makers are putting on a brave face to cover up the low of $.44 which just happened. Let's see if a rebound happens in ten minutes. Not really but the rate of declining seems to be slowing down. If you check the Puts you can see the downward action is stabilizing. In a way this is a good indication that now is a good time to jump into the Calls. Now watch this. Now this. Now this 5 minutes later. At 10:24 a.m. it's chart looks healthy. Now at 10:30 a.m. Now at 10:54.a.m. We caught the morning rebound without to much worry. That was the game plan. Getting out would make sense no matter what we leave on the table. *** Now this nine minutes later. These options just lost most of their gains! Sometimes it's good to be nimble! Now this at 1...
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Toyota - Just Buying a Straight Call Two Weeks Out

A recent past blog highlighted the fact that the volume in Toyota options is super light. Now read this. There was a change of leadership.
Sales are up, the stock is down. They now have the second, third and fourth best selling cars in the world. It was just reported April global sales were up.
Here is the trading in two "in-the-money" Call options that expire in two weeks (The trading on May30th and on May31st).
Now May 31st.
Here is the chart.
This is all so strange. Only one Call option traded in two trading days. One! I must be an odd duck writing about this or missing something. Production levels up with top selling brands which equates to economies of scale. A proven product with a good reputation. A stock off in price two days in a row in a soft market. Any kind of a reversal would send these Calls up 50% in one day. At this point in time the higher up 140 Calls with two weeks to go would also surge on a two dollar reversal. That would cause an instant double.
I hate blogs like this which say something might double. I could look like an idiot for going so off tangent. Oh well. Check back later to see how all of this played itself out. ** One might wonder if you at mercy of the option makers in trading in thinly traded series like this. Yes and no. When something happens to change the projectory of a stock like Toyota there is no stopping it! ** It popped on the opening. Yes you can play Toyota.
Here is how it closed out the day.
...
What a nice one day move. This proves that Toyota is tradeable.

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