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Showing posts from June, 2021

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Space Exploration. A New Kid In town To Play Options On. A Stock Set To Build Out The Next Frontier.

Traders are looking at this situation with the eyes of children looking at a big roller coaster. Wouldn't it be fun to try it out at least once? The price of admission looks pretty reasonable. The stock got beat up in the last few days. .... The argument could be made that it's difficult to play a stock with so many moving parts. That argument could also be made about playing Telsa options. Yet it's difficult not to be impressed by the stock's volatiity. Let's see what happens this time.
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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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