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Tesla is Down About $20.00 In Pre-Markets On A Friday Morning After Losing $20.00 On The Previous Day

Here it is. What are we looking at? We are looking at Tesla's one day trading action yesterday which was a day when the markets had a big decline. We are also looking at the "bid and ask" on Tesla in the premarkets this morning which is a Friday. A bid now of $383.60 and an ask of $383.70". It's unusual the spread it so tight making it in theory a good time to make an "at market" trade. I would be more inclined to purchase a $390.00 series of Puts and bail thirty minutes or so after the opening. It's 7:57 a.m, as I write this. In the past I have witnessed these exaggerated premarket declines shrivel up to near nothing as the opening bell approaches. Is that going to happen this time? Tesla now at 8:36 a.m. in the premarkets. Notice only a small price change upwards? Now at 9:20 a.m. and things have not changed. That is a strong indication that things are not going to get better. Other stocks are set to open lower after yesterdays big decline. Even...
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Deere and Company - One Of The Most Dangerous Series Of Call and Put Options to Play When There Is Only Hours To Go.

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If you have winnings from a previous trade sometimes you value that money differently. It's difficult to explain why but there are scholars out there who have written books on this very topic. It's like play money or free money that you can now use to make the wildest option trades you can think of. It's money you feel you can risk. It's like being a kid in a candy store with money in your pocket. Everything looks good.There are two stocks that I sometimes follow, Dominos Pizza and John Deere. Both have options available to trade on them however the Call and Put options on the first one, Dominos are near impossible to trade. Why? Well on a Friday morning with options expiring that day on it, how do you predict which direction the stock on the world's largest pizza company is going to go? The answer is you can't. The company is painfully aware that one news release about the price of cheese going up or problems with their ordering apps could send their stock int...
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