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Do You Have To Be A Wizard To Play Exxon Mobile Options? You Decide.

Look at this chart. It's Exxon's one day trading chart of last Friday. Zoom,zoom, zoom. Here is it's five day chart. Shipping oil on the high seas is becoming more of a game of cat and mouse. Looking at the above five day chart would you want to holding this weeks 135 Calls starting the trading session on Monday morning? Here is how the 135 Calls closed the week. Now this, the premarkets on Monday morning. You can't trust these numbers. Sometimes the hype burns itself out before the markets open. At some point in this process the following news ws being assimilated. Now this. Exxon jumps on the opening but not that much and quickly gives up some of that gain. Now this. The Calls are up 25% in the first three minutes of trading. That's something but not bad if you bought in at the closing seconds of Friday's trading session. Are traders now rushing in to buy the Puts? Not really. Exxon Mobile commands respect. Now this at 9:57 a.m. Exxon is now down...
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A Four Minute Intro to Nio

Last week Ford was the second most active stock traded on the NYSE by share volume. It closed at $17.83, down 1.2% on the week. Nio was the fourth most active stock traded on the NYSE by share volume.That's an accomplishment in itself. It closed at $20.94 down 9.8%. Here is a picture of one of the electric cars it races. It is the fastest electric car in the world.
Here now is some company news.
Now let's look at it's trading history starting with a three year chart and followed by a one year chart and then finally a one week chart.
Might this stock, and Ford start to rebound back up in the first quarter of this year? It's chart isn't particularly attractive but the story behind the chart seems to be good. The stock's price got ahead of itself. I will be tracking the Call and Put options on it this week. *** I am not a fan of purchasing Calls or Puts with one week to go on stocks in the 20 price range. The premiums are to high with only five trading days to go. Tuesdays or Wednesdays are usually better to play the swings in conjunction with what the indexes are doing. Here now is a look at the Nio 20 series of Calls and Nio 20 series of Puts going into the opening on Monday morning. When playing these options one should be looking for short term swings and the near constant danger is that the stock might move a dollar putting you in a position which then goes offside and then never comes back again.
The liquidity in these options is excellent. A Monday update. It's up.
Now here is how the stock end the day (a Monday) and here is a look at the twenty series of Calls and Puts.
The Calls doubled in price in one day and the Puts lost 2/3ths of their value. All on a down day. This is the action that I am talking about.

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