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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 ...
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Boeing - A One Day Chart That I Now Like / Boeing and Deere

Here is is.
Why do I like this chart? It spiked on high volume in the morning and volume came into it on the close. So here is what I did. If you see charts like this you could be also be doing this. On a cautionary note Boeing has hit a rough patch as of late but this trade might be good for a one dollar profit. If it happens take the money and run. If you miss a four dollar move to the upside so what. Here is a fill at 3:37 p.m. on a Tuesday which I could have got for less a few minutes later. I bought one contract for $2.01 or two hundred and one dollars.
Here is Boeing's five day chart of torture.
What might happen? Could it stumble on the morning trying to get fresh legs? Maybe. Here it is at noon the next day.
Here is what I did. (I am trying to show first time option traders the sizes of trades they can do). Remember I said that I got in at 201.00? A $2.42 price happened at 11:12 a.m. which was the time when I got out. It's American money. (Look at the chart and see how I was lucky to get out).
What next? Today is now Wednesday which is a good day for mid week reversals. Into Deere I went in the smallest of ways. You could be doing this too. Here is my "in-add-out trade". I am not proud of it but Deere options often blow up..
In at 12:27 p.m. and out at 1:05 p.m.. In at $300.00 and out at $350.00. Now watch this.
I missed this 2:00 p.m. action.
The Calls I sold at $350.00 then went on to trade as high as $755.00. I have talked about trading Deere Calls and Puts before. Wednesday's options that expire that Friday you can get you into some pretty good day trading opportunities.

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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 ...
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