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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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Strong Days for The Electric Vehicle Stocks - Well Not Really

Here is a one day printout of some of the electric vehicle stocks I watch. Notice their fifty-two week highs. Many of these stocks are trading near their lows. About six weeks ago many of these stocks were out of fashion based on the thinkings that the batteries they are running on are depleting the world of precious metals and will be difficult to dispose of. Yet consumers still want to go electric and a few companies had good news. Lordstown Motors (Ride) had good news. A year ago a Tiawan company bought their factory and this week that same company (Foxconn) invested more money in them. More details about this follows below. Lucid had good news. A Saudi public investment fund is its majority shareholder, and committed to putting in more cash this past week. Rivian's $32 billion market cap and Lucid's $22 billion market cap suggest that investors think they'll make it. Nikola has a market cap of just over $1 billion, its own truck plant, and $400 millian in cash, enough to get them through 2023.
Then there is Sono Motors. I have talked about them before. Their stock has recently tanked.
Yet the stock jumped on Friday.
What's going on with Sono? Whoppie Goldburg says that she likes them and wants one.
Now more about Fisker.
Fisker is abut to start production but Magna International (MGA) will handle their production. Pick a few of these companies and sign up to their mailing lists. There is so much to learn about.

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