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A Classic Tesla Friday Option Day Story

So Tesla moves up in the first few minutes of trading on a Friday and quickly decides to go south. The DJIA closed down on the day 685 points. Here is how one series of Puts, the 425 series of traded on the day. A low of $4.11, the price the 425 Puts just after the opening and a closing price of $33.90. More surprising were the "out-of-the-money 410 Puts. A low of $.33 and a high of $21.28. The most extreme gain was with the 392.50 Puts which has a low of $.03 or three dollars a contract and a high of $4.12 or four hundred and twelve dollares. Do the math of that one. How many times has this website talked trading "one-day-until-expiring-options" on Tesla options. The answer is many times. There was news this week about Musk raising 75 billion dollars for "Space X" and in doing so is selling out only 4-5% of this new company. Musk is the richest man in the world. Powerful people can make powerful moves. So what's my point? My point is that the option mark...
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Buying Back Shares To Help Lift The Stock - EV News Again

After years of work they now have three truck sales.
Now this.
Would I be buying this stock? NO. Another reverse stock split seems to be in the wind.
On a differing note "Faraday Future" is busy running around race tracts breaking speed records.
I guess they are burning off steam after recently doing a 1-80 reverse stock split. Image that! Yes it really did happen.
What a crazy race to go electric.** Now Mullen again one week later.
**** An update in July 2025.. Nothing has changed much. We still have struggling car making companies.

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