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What Can Happen With One Day Options On A Friday when the "DJIA " Jumps 600 Points

When I sit with my friends on the weekend do I tell them about how Walmart call options traded on the previous day? If I am riding the subway do I talk to the guy next to me about this? Do I tell my boss? My point is, no one cares. People have soceer games to go, cars in getting fixed and all kinds of stresses to deal with. Who wants to watch their computer screens all day trying to outsmart the markets. I get it. Yet if you were good at it, wouldn't this be a fun hobby to have? Now this. A recap of what happened this past Friday. Now a look at one series of Call options with a focus on the high of the day and low on the day contract price. Look at the jump. Now a look at it's one day trading chart. The markets don't usually rally this much on a Friday afternoon. In a way it's a game of being in the right place at the right time. Yet there more to it than that. Knowing what to look for is equally as important. I note that seldom do one day Call options turn out th...

Walmart- Milking A Good Thing

For the past month I have talked about Walmart. Where do people go shopping when times get tough. The markets on this Monday morning opened lower and then good old Walmart popped again. Look at these three series of this weeks Calls.
I don't want to say this is going to happen forever but what a ride.
It also goes to show you how 30 day Call options can be your best friend. Now this.
Everyone is entitled to an opinion. Perhaps Howard wrote this before options were a thing.

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