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Exxon And Tesla One Week Options

Exxon's five day chart is obviously going in one direction. Last Friday was a strong day for the markets and Exxon jumped up even more. Here we are now on a Monday morning and this week's Call and Put options are priced equally. Which one is going to win? As usual, there is more interest in the Calls than in the Puts. Let's also look at what might happen with Tesla this week. Oct 10th is now touted as being a "make or break day" for Tesla as it will be their "Robo-Taxi-Day". I am not a big fan of trying to play Tesla options with one week to go because their premiums are so expensive. As for Exxon, I would be more inclined to follow the direction of it's recent trend. Let's watch and see what happens. To be continued. 1) Obsevation #1 on a Monday morning. Look at this. Early into the morning trading the Puts have dropped down from the $1.80 level. Can you see how tight the "bids" and "asks" are. This helps to make them pl
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Walmart - Management Has Talked Down The Stock- Part Two Of A Blog Posted Two Days Ago Called The Santa Clause Rally

I spoke about Walmart in my Santa Clause bog two blogs back. Here is what happened today. Let's start at 2:30 p.m. and look at the 150 Walmart Calls which expire at the end of the week with three full trading days still to go.
Now 33 minutes later.
Then this happened..
Then.
They closed at $1.98:00 That's not a bad move in 90 minutes. One Comment. People fear trading short term options. It's Tuesday and time value (the lenght of time it has unit it expires) was not an issue to have to think about. In some ways short term options is the best game in town. **** Did the rally carry over into Wednesday? Yes and no. Look at the high on the opening. It did pop.
The path forward is now not as clear.*** What happened the next day? There was a slight uptick on the opening.
You would of had to be quick to get out near the top. Here is how they closed the day.
I don't like this chart as much as the chart from the previous day. *** Call me timid. The stock and the options jumped the following day Dec.13th.
Note the open interest remained the same. All the volume was day traders. Look at the one day chart. Can you see how compelling it was to hop back in?

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