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Showing posts from June, 2021

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The Topic of Tesla Jumping On Friday Mornings And To A Lessor Degree Later In The Trading Day.

Why am I often talking about playing Tesla options with one day of trading life remaining in them? One reason for doing this is that the Call and Put options on this stock hava recent a history of pleasing it's followers. What are the odds of sizeable jumps happening? I would suggest more often than you think. Jumps in the first hour of trading can be large. That' a given. . Can you make money trading these hot potatoes? Yes and no. The concepts of fear and greed come into play. Here is how it jumped in price on Friday June 26th . First it opened lower. The time to buy in was in the first minute of trading. It topped out at 11:30 a.m. That was a huge increase in price. Then between 11:30 a.m. and 3:00 p.m. it lost $7.00. Here is a better look at this action. . . Other stocks may also have interesting Friday trading patterns." Last Day Option Trading" is not for everyone.
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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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