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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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Tesla. One Day Calls On A Day the DJI Jumped Over Four Hundred Points On A Friday

Call it window dressing. It was the last day of the first quarter of the year. I forgot how that works. Institutions sometime collectively bid up the stocks that they are invested in a last minute attempt to dust upwards their quarterly performances. Look at the one day Telsa Calls. They jumped a touch on the opening. Even after they jumped on the opening it wasn't to late to get in.
Then what?
At 9:54 a.m. the 200.00 series of Telsa Calls were trading at $1.14 per contract. Over seventy thousand contracts had traded. Now look at the chart of how Telsa traded on the entire day. It kept going up.
Now guess what they closed at and look at the increase in the volume traded.
How good is your memory? Use this tip every March 31th going forward. It might make you a couple of thousand dollars. Three final comments. 1)
Tesla for now is the king of building electric vehicles. How can the small guys make money in this new industry? It's hard. 2) You can't randomly expect to purchase random Call options on Tesla every Friday and expect to make money everytime. Here is a trade I made a week ago on Tesla trying this same strategy and I lost.
3) Read the second blog I ever posted on this site back on Sept 23nd 2019. It was about trading Tesla three different times on a Friday as it blasted upwards in price. Tesla Calls on a Friday should rank as being about a number "7" on a current options players list of top ten strategies. 4)****** An April 15th update. I want to mention one this that makes trading on Telsa so unique. It has to do with the bids and asks.
There is only a three cent spread between the bid and ask. That makes getting in and out so much easlier.

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