SpaceX And Nvidia. Put Options After A Strong Morning Surge
Do you see this first chart. See the little uptick? Could this be the top for todays action in SpaceX? The reason I ask this is that one hou...
Do you see this first chart. See the little uptick? Could this be the top for todays action in SpaceX? The reason I ask this is that one hour into the trading action is when tops can occur for that day. Now the price of one series of it's Calls. Look at it's wonderful ride up. That could change. So let's consider making some money on it's Puts. These ones shown below are "in-the-money" and are cheap in price but could get beat up if the stock continues to increase in price. On the other hand, this series of Puts is one of the most sensitive to any downward price action. To simple a strategy you might say? Let's add another stock which could be overextended on the day. Here is Nvidia and it's morning chart. Let's see what happens. Now a 11:15 a.m. The Nvidia Puts have almost tripled in price. The Spacex Puts remain steadfast. Here they are eigth minutes later. Now a look at things at 11:40 a.m. They are at the same price we looked at over an...
Do you see this first chart. See the little uptick? Could this be the top for todays action in SpaceX? The reason I ask this is that one hou...
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