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Mid Week Morning Option Trading . Apple

Apple moves up in the first hour of trading on a Wednesday. Are there reasons to look at it's Puts? Well with computer generated trading the 10:00 a.m. time period might magically click in to be a time of a reversal. Let's check back in twenty five minutes to see what happens. The small upward spike on top of an initial spike did not hold. That's the way I see it anyways.The 10:00 a.m. trading mark was a speed bump that served to change the upward projectory of this stock. Now a revisit to this situation twenty minutes later. Apple shed these worries. With "last day to expiring options" the 10:00 a.m. morning time period is often fraught with worries. That's just the way it is.
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Spacs

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Are a new animal and sometimes go dormant until something happens. If your a fan of "Caterpillar","Ford" or "Boeing" options you're not really looking in that space. Sometimes it nice to have a list of "outside the box" companies" to watch. Here is one of those list and here is my experience with one of those such companies. Well, not the exact list but one similar to it. - this one with the symbol "APXT' I played it yesterday and today. In at noon yesterday, ten contracts at .35 each and out the next morning June 3th 2021 at 7:14 a.m. at .95 each. I kind of saw it go up after I bought so yes I did put in a sell ticket early in the morning at a price I was thinking it would hit. What happened was kind of interesting. Call it a perfect storm as the company came out with a news report. Option traders know that one dollar increase on ten dollar stocks can do wonders, even if we are talking about regular stocks and not spacs. A ...
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