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Snowflake Part Two : Thursday Overnight Position Going Into The Final Day Of An Options Life Are Not My Cup Of Tea Unless It Is Perhaps Tesla

The 172.50 series of options on this stock will expire tomorrrow. Today is a Thursday. The first printout shows a bit of a struggle on the opening in the first nine minutes of trading and a return to price it closed at in the previous session. (It did have a nice rally on the previous day then to only give it up). Could it rally again this morning? Now the second printout below the following paragraph shows the high volume of trading pouring into this series of Calls just after the opening. These high volumes of trading shown below happened in the five minutes and twenty one seconds of the trading session. Traders bought in on a slight dip looking for a reversal. Good for them. Are these traders hoping to be out at a profit in the next fifteen or thirty minutes? Yes. Get in and get out. Catch a profit as the stock is deciding which way it will go. It's early in the morning trading session and the volume of trading is always the highest in the first and in the last hour of trading....
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Working The Market To Make $200.00 On A Friday Morning

"Boeing" was nervous on the opening and "Caterpillar" flexed it's muscles in the usual way. I had an hour to spare but wasn't interested in following the market all day so I did some trading, 3 buys and sells and got tired towards the end and closed out the third position to get on with my day. The end result was a $200.00 profit. Here is what it all looks like.
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I could have done better but I am o.k. with what happened. Early Friday morning trading can work well if your focused. I was out in just under 50 minutes."Boeing" closed down the day forty cents and "Caterpillar" closed up eighteen cents. It was a day which was difficult to break their bank.

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