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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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A Toll Free Number To Listen To A Workhorse Conference Call. Please Make The Effort And Listen In.

Is this company on the cusp of making money or is trying to do to many things at once? The stock's price dropped almost 15% today after this call came out. It seems they will soon be on a hussle to raise more money but it's hard not to somewhat impressed by how far they have come. It doesn't really matter how much you know about this company but what a great way to be introduced to it. Just make the call now. It's free and it's interesting. Does this company have a future? That's the hard part to figure out. In the past most companies like needing additional amounts of money are to early to buy into. Just saying. Take the Lion Electric Bus Company (symbol LEV - see my Oct 31st blog) or Sono Group ( symbol Sev - see my June 19th 2022 blog) or the three wheeled Canadian electric vehicle company called Electrameccanica (SOLO - see my Aug. 17th 2022 blog). I have talked about all three of these companies several times in the past. Now here are some of Workhorse's stock charts. First it's five day chart.
Now it's one year chart.
Now it's three year chart.
Aren't you happy that you didn't buy in at $40.00? One of the problems with buying any stock in the $1.75 range is that it can continue to sell off in price. This sounds like a simple thing to say but it's true.

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