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The Sliding Door Syndrome - Hertz

 Open the door and guess what might happen? Who knows which way the winds will be blowing. The used auto car market got dumped on last week in the U.S, especially on tariffs new.  Trump said he might raise the tariffs on cars to more than 25%. It's a fickled  market. Here are a few of the sell offs. 1) Carvana Company. It sold off over $21.00 dollars on the day last Friday. They have a reputation for having share manipulations with a long history of  insider "buying-and selling-activities". They have a short interest of 5.3% . It didn't help much that the DJIA was down over 700 points on Friday. 2} Carmax also sold off on the week. They have an earnings report coming out and that could cause the stock to drop but maybe not. It could actually rally. Here is it's one week chart and a conference call dial in number. Listen to it if you like. I might be. Now here is a look at the 65 series of Calls on this stock that expire this coming Friday.  On Friday morning at ...
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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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