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Exxon And Tesla One Week Options

Exxon's five day chart is obviously going in one direction. Last Friday was a strong day for the markets and Exxon jumped up even more. Here we are now on a Monday morning and this week's Call and Put options are priced equally. Which one is going to win? As usual, there is more interest in the Calls than in the Puts. Let's also look at what might happen with Tesla this week. Oct 10th is now touted as being a "make or break day" for Tesla as it will be their "Robo-Taxi-Day". I am not a big fan of trying to play Tesla options with one week to go because their premiums are so expensive. As for Exxon, I would be more inclined to follow the direction of it's recent trend. Let's watch and see what happens. To be continued. 1) Obsevation #1 on a Monday morning. Look at this. Early into the morning trading the Puts have dropped down from the $1.80 level. Can you see how tight the "bids" and "asks" are. This helps to make them pl

"One Day Spikes and More"

This blog is going to write itself. Look at this chart and look at the volume of trading. There are no options on it.
. Some traders watch on their screens lists of the most actively traded stocks looking to daytrade situations like this. It's a different way to trade. Let's see what Monday's action brings.
A Tuesday March 9th update, Look at these premarket prices! Look at the volumes of trading in the last few days. This stock can't keep on going up forever.

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