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Snowflake Part Two : Thursday Overnight Position Going Into The Final Day Of An Options Life Are Not My Cup Of Tea Unless It Is Perhaps Tesla

The 172.50 series of options on this stock will expire tomorrrow. Today is a Thursday. The first printout shows a bit of a struggle on the opening in the first nine minutes of trading and a return to price it closed at in the previous session. (It did have a nice rally on the previous day then to only give it up). Could it rally again this morning? Now the second printout below the following paragraph shows the high volume of trading pouring into this series of Calls just after the opening. These high volumes of trading shown below happened in the five minutes and twenty one seconds of the trading session. Traders bought in on a slight dip looking for a reversal. Good for them. Are these traders hoping to be out at a profit in the next fifteen or thirty minutes? Yes. Get in and get out. Catch a profit as the stock is deciding which way it will go. It's early in the morning trading session and the volume of trading is always the highest in the first and in the last hour of trading....
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ELECTRIC VEHICLES AND DANGEROUS UNKOWNS

This stock Mullen Automotive was mentioned a few blogs back.
Look at the trading volumes swell upwards. Months ago I talked about SEV, a German electric car maker now getting squeezed for cash. Could this story for Mullen end up being the same? That's the danger.
Is this a momentum play? Here is some recent news.
Posted on the internet is the following.
Stocks under one dollars in startup companies are kind of taboo.

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