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Exxon And Tesla One Week Options

Exxon's five day chart is obviously going in one direction. Last Friday was a strong day for the markets and Exxon jumped up even more. Here we are now on a Monday morning and this week's Call and Put options are priced equally. Which one is going to win? As usual, there is more interest in the Calls than in the Puts. Let's also look at what might happen with Tesla this week. Oct 10th is now touted as being a "make or break day" for Tesla as it will be their "Robo-Taxi-Day". I am not a big fan of trying to play Tesla options with one week to go because their premiums are so expensive. As for Exxon, I would be more inclined to follow the direction of it's recent trend. Let's watch and see what happens. To be continued. 1) Obsevation #1 on a Monday morning. Look at this. Early into the morning trading the Puts have dropped down from the $1.80 level. Can you see how tight the "bids" and "asks" are. This helps to make them pl
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Deere - An Introduction to Playing Calls and Puts One Month Out.

Ten days ago I talked about playing Options on "Deer and Company" with one day to go. Today is a Monday I am going to talk about Deere again and show it's one day chart. Look at Deere go up just after opening.
Could you have played the Calls or Puts and made some money? Well only if you where playing the upside in the first thirty minutes of trading. Trading Call or Put options on Deer with four days life left in them is a tough to do. You can get caught off side all to easily. Let me now show you (this now being a Tuesday) the prices of the May 24th Deere Calls and Puts followed by it's three month chart. These are Call and Put options that expire one month out. The action in how they change in value is trend line related. In the last thirty days Deere is up about $30.00 dollars. Many traders feel safer making bets on thirty day moving averages than on let's say four day moving averages. Catch a changing trend correctly and you make out nicely.
Option players can use Call or Put options on Deere which expire in about one month's time to try and catch these types of directional moves. ** Now an April 22nd update at 1:34 p.m. Look at what the 235 Calls are now trading at, the thirty day chart to see how things have changed and the 435 Puts which are exploding in price. See what they are now trading at.
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So much for the security of being in thirty day Call or Put positions.

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