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Tesla - One Day Options. Not Your Typical Read

This blog is going to be a tough read because it tries to track Tesla's early morning option trading in the last day of trading in the October 18th 220 series of Tesla Calls. Critics of "one day" options are having a hayday in pointing out these "one-day-to expiring" options are a mockery to concept of sound financial investing. Here is Tesla's premarket trading price in the 220 series of Calls at 9:29 a.m. on Friday Oct. 18th. They are flat. Remember last Friday was an exceptional day for the Tesla stock with it being hit with a $21.14 drop on the day. Do today's traders remember this? Probably not. Why should they? It's a given this stock can be volatile. Option traders playing the downside last Friday on Telsa made out like bandits. Now it's 9:31 a.m.reading. Up only eleven cents. Option traders are in a period of time where they have to deal with early morning trading jitters. Is there a glimmer of hope that this stock might bounce up one
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Boeing Tanks On Bad Earning Reports

Their third quarter profit came out today.
The stock tanked. Then their soldiers quickly marched up and offered support. Here is what they said.
The company doesn't appear to be worried about competition but there is repeated mention of supply chain issues. Here is how the stock traded on the day. This is a five day chart so only really focus on it's last day of trading.
I think Boeing will be able to shake off a little of this bad news in the next day or two. I bought one Call option at $3.28 at 3.08 p.m.
Yet then again with Boeing anything can happen. Now the following day, a Thursday. I bought seven days of trading time but I picked a price I wanted and got out in the premarket at 8:54 a.m. See the time of the fill on the ticket below. I picked my price and it turned out to be the price this series of Calls opened at. I got out at $6.25. I saw Caterpillar up like ten dollars in preopening markets so I knew it was going to be a strong opening.
Here is how the stock ended up trading on the day. I could have hung on a little bit longer and made a bit more but in option trading you learn that there is no looking back in your rear view mirror.*** It's Sunday Oct 30th. The week is now over. Here is an updated five day chart and here once again is that sell ticket which this time shows what those options are worth at the end of the week.
Buying Call options with a week or so to go seems to be the way to go. The DJI is headed for it's best month since 1976.

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