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Tesla and Deere Going into a Thursday Morning.

Are you able to remember my blog last Friday talking about Tesla dropping $19.00 in one day and it's Puts jumping up a zillion dolllars? Here are the closing numbers on Tesla and Deere today, Wednesday September 11th. They are difficult to read but Tesla closed at $228.13 and Deere at $388.59 Now look at the sightly "out-of-the-money" Calls on both of these two stocks which expire at the end of the week. Now the Deere Calls. .................. Now look at their one day charts. Remember I have repeatedly said that Wednesdays ( in the context of trading one week options) are the best days of the week for turnarounds situations. Look at the one day charts and look at the gains on the day that both of these option series had. They both took off on the upside after a morning dip. I will continue to track the movement of these two series of Calls over the next two days but the context of this blog is a blog in itself. Wednesday once again can be turn around days. Happy tr
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Ford 15 Calls

Yesterday I posted a blog called Ford 14 Calls. Please read it to better put this blog into perspective. Here is the action this morning.Call it the perfect storm. $500.00 in to like $4,400.00 in 90 minutes of trading.
Why did this happen this way? Well these option expired this day so if your buying in at 9:32 a.m. you only have a matter of hours to get it right. I talked about the Ford 14.5 Calls yesterday and how they exploded up. Today was a continuation of this excess exuberance. Will this occurance repeat itself next week? No. Next week series of Ford 15 Calls will be expensive to buy into because you will be paying for 4 or 5 days of trading time. The kick we saw today was a one time thing. ** Please press the upper left back button to read one of my most recent blogs about the Ford 14.5 Calls.

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