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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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Roku Again

And why option trading on Monday's with one week Calls sometimes work. Roku once again. It's rebounding off last's weeks earnings report. I talked about that in a previous blog. Look at this mornings happenings.
Might it be time for a slight jump? Here are the 58 series of Calls in the late morning at 11:38 a.m.
Why are these Calls interesting? There is wiggle room to go back up to where it was closer to the opening. What's next? This.
Now the chart.
Notice how little trading there was in these options after the 1:00 p.m. mark. On ten contracts this would be a tidy trade. **** Here is how they closed the day.
**** Now a look at the furthering strength the following morning.
******* It's easy to be an arm chair follower of all this action. Notice this series of Call options stayed strong for the entire previous afternoon? That sometimes makes it a good bet that they will open stronger on the following opening. Yet not always.

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