OPTIONS TRADERS CO-OP

[DragonBits]

Almost without exception, when I look at stocks that make a move up, the options trade down till 1 or 2 days before an up move.

up until that move up, the call options keep getting cheaper.

It looks like the May 17th 25 call is a better bet right now.

Yes, the downside appears limited, but so does the upside. We get some more negative news on the consumer, that won't help BBY.

I really hate buying options that far out, waiting day by day is like watching paint dry. The only way you can usually sell those options is at the bid, there is a 33% spread between the bid and the ask.

good luck, it's cheap, but the IWM 113 puts were trading at 0.15 yesterday that was cheap also. But those are the reasons I wouldn't be interested in BBY.

I would rather buy calls on something like IBM that has a pretty good dividend to entice buyers.