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If a Stock Drops 10% In One Day Can You Play It For A Two day Rebound?

Here it is. Here are the 240 series of Calls that expire in two days. $565.00 U.S. is a lot of money to shell out as an experiment. Now this. The next days action. Half of this options life has now disappeared. Now a look at its five day chart which tells a different story. I don't like chart charts that look like they are languishing sideways. This one does. Analysis explained this drop away under the guise of "macro shift's" happening within the industry, not company specific reasons. With just one trading day left I would get out. Hanging in is to big a gamble. Wednesday's index loss was almost 500 points and today's action was an across the board market rebound. Get out and start tomorrow with a clear head. Read my previous blog on Pfizer options which also traded during the same time period.

The D.J.I.A Drops over 1,000 Points on The Day

Yet some lucky option trader's could have made money buying Telsa Calls.
Bumpy markets offer Option traders some of the best times to make money. How have Caterpillar, Boeing and Deere done in the last five days?
All three of these stocks offered Call option players decent returns if the bought in just after the opening this morning a Monday. To be continued.

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