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Costco Drops On A Friday Opening And McDonald's Goes Up

Here is what happened. Costco goes down on the opening. Charts like this is not pretty.
McDonald's goes up.
Confused? Why the interest in McDonald's? It's just junk food. If the market rolls over might this stock lose some of it's steam? Now look at these Puts? The volume of trading in them is next to nothing.
Without knowing why it's going up makes the purchase of Puts too much of a gamble. Now lets look at these same Puts at 2:24 p.m. They got wiped out.
What's Costco doing? Here is where things get interesting. The markets are still strong. Costco is down $74.24 around 2:23 p.m.! It's having a bad day but the stock now seems to be stabilizing.
Now this. A look at it's Calls. Remember for retail option traders you're deadline to get out of these "last-day-to-expiring" options is 3:00 p.m. That's only 42 minutes away from the time of this printout.That doesn't give these options much life. Now consider this, after such a sell off isn't there now some upside potential? The markets are afterall reeling from a horrible week of trading. Might the markets find some last hour of trading footings? It's always the busiest hour of the trading session. Look at how these two series of Call options are now trading.
Now a 3:00 p.m. report. The markets continue to hold their strenght. The 955 Calls and the 960 Calls got squuezed. The way the system is rigged retail option players are not welcome to be playing in this game. Let's take in their money and not give it back.
.........
The market makers were able to hold this stock flat for the preceding forty minutes. That's quite a feat after such a rigorous grubbing. When are the bargain hunters coming back into the stock?. Here is how these two series of Costco Calls closed out the day. You're in for a suprise.
The 950 Calls jumped from $3.00 at 3:00 p.m. to $9.00 at 4:00p.m.. As we know, the retail option traders because of the 3:00 p.m. rule to be out of their positions were not able to benefit from the strenght coming into the markets in the last half hour of trading. The volume of trading in the 960 series of Calls went from 1,257 contracts at 3:00p.m. to 1,582 contracts at 4:00p.m.. Once again retail trader's were excluded from being able to trade in these short term options at this point in time as the market was rebounding. It was a private trading party.
What are we missing in all of this? There was a back door to getting into this party. A way to play this 3:00p.m.-4:00p.m.action. We have overlooked the conversation about "next-week-out options". Going back to the just after lunch time period was the time to be looking at "next weeks 960 Call options" with the intentions of getting into-and-out-of them at the end of the day "at market". That's when the 960 series of Calls traded at their lows of the day. That would have produced a tidy profit. Observe this readout.
McDonald's closed up on the week. If you don't know why you can't play options on it.

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