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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 ...

July Movement - One Week Action - Catching One Of These Moves And Staying With It

Quickly check out these six different five day charts amd look for a common theme.
Talk about a game of snakes and ladders! Was there a theme to the price movements of most of these stocks? Yes, with most of these stocks, the directional moves that happened on Thursday continued on over into Friday. Looking for one day reversals on stocks on Thurday afternoons and also going into Friday would have being a mistake. We are enjoying strong markets and this is the outcome of strong markets.These are not normal times.

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Living on Kraft Dinner?