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Looking for a Rebound On A Thursday Morning. The Day Of The Big Crash.

Here is what happened to five different stocks on day two in the aftermath of the Trump tariff mess. It's not very often we see spikes in the market like this. It's Thursday around noon. Look at what tomorrows Call options are trading at. I will track how they turn out. Should "short-term" options players be in markets like this? Let's find out. Let's look at the Calls only. In past blogs I have pointed out that Thursday mornings are not usually a good time to paying for any options that expire the following day. A sixty dollar drop in the first hour or so of trading. Time to play a rebound? Apparently not. Call buyers are not jumping to buy in. Now Robinhood. Trader's are buying back in. What could the gain be here. Now Ndivia. Now Caterpillar. Now Netflix. Now the Thursday market close. Look at how the markets closed on the day. The Call options in this case is upfrom where it was at 10:42 a.m. Here is it's five day chart. Now the Robin Hoo...
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U.S. Steel "BIG NEWS"

I talked about U.S. Steel on August 20th. It is a company 122 years old. There were takeover talks back in August with multiple suitors. It was just a question as to when the cards would unfold. Now this news which caused the stock to jump in price. (It's a complicated business to follow with big players all over the world involved).
Is the Blackberry spin out story which I have recently blogged about an animal with the same outlook? That's something I still can't decide. Maybe it's one to watch.

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