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"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...
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Ford Earnings - This Game Repeats Itself Four Times A Year

They should be up right? Supply issues are getting better and their electric trucks are coming. Ford released their earning report yesterday after the close and they were good.
A 20% increase is a decent increase. The stock should rally on that news, right? But wait. Remember in a blog a few days ago how Caterpillar tanked on the morning after a great earnings release? To refresh your memory here is what that chart looked like.
. The Ford stock trades in an interesting price range. Price swings of fifty cents on a twelve dollar stock can send option prices into a tisy. So here is what happened. Remember earnings came out after the closing bell yesterday on May 2nd.
The stock surged Monday morning up to $12.25 and that was the time to be selling out of the Calls bought on the previous Friday. Now let me digress for a moment. G.M. had an earnings release on April 25th and their profit were up substantially. This helps support the thesis that the automobile industry is on a month to month rebound. Buying Ford Calls last Friday would have being a smart calcuated risk. Look at the chart once again. Do you notice a surge in the last few minutes of trade of share buying in Ford at the close yesterday just before the earnings came out? New players were coming to the party hoping for a positive reaction to the release of this news. Here is how they made out. The stock did pop on the opening. Here is how the stock traded in the first twenty minutes of trading. Profits in the Calls happened.
One closing note. Look at this chart on Ford a few weeks back.
Playing options on Ford isn't always a walk in the park.

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