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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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Ffie - Electric Vehicles And an August 16 th and August 28th 2023 update.

See my December 12th blog about this stock. Here is today's action.
Look at the volume. 140 million shares traded. That kind of volume is going to show up on multiple tracking systems.
A March 7th update. It's now almost half price. Last week it was the tenth most actively traded stock on the Nasdaq by share volume. It's often on this list.Then again it was the second lowest priced stock on this list of twenty companies.
Read the news on it. Most of the electric car companies are now burning up cash except Telsa. It's not a fun business to be in during the start up phase.******** Now an August 2023 update. It's still going, not much has changed. They did sell one car. They made a video of the sale.
One sale will not pay the bills so now they added a new twist to things. Read their new job title. AI stuff. Stop.Stop. Stop. These are all junk stocks. Look at the volume, a lot of people seem to like to trade them. Trading volumes are always crazy high.That's one of the things that makes this stock somewhat unique.I don't like this stock because it's track record is not great and it's going need a lot of money to get to the next stage. If it does get there then there are still are are no gaurantees. It's always a high risk business.
The August 28th update. A reverse split had to be done.
This is a game changing move. All the penny stock traders are suddenly kicked out of the game. No longer are we going to see this name of the list of the most activity traded stocks. Remember Westport doing a 10 for 1 reverse stock split? It's tough going for any stock after that happens. **An August 28th update.
A 23% drop in one day is huge.

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