Tesla is Down About $20.00 In Pre-Markets On A Friday Morning After Losing $20.00 On The Previous Day
Here it is. A bid now of "383.60 ask $383.70". It's unusual the spread it so tight making it in theory a good time to make an "at market" trade. I would be more inclined to purchase a $390.00 series of Puts and bail thirty minutes or so after the opening. It's 7:57 a.m, as I write this. In the past I have witnessed these exaggerated premarket declines shrivel up to near nothing as the opening bell approaches. Is that going to happen this time? Tesla now at 8:36 a.m. in the premarkets. Now at 9:20 a.m. things have not changed. That is a strong indication that things are not going to get better. Other stocks are set to open lower after yesterdays big decline. Even getting into the Puts now "at-market" would be something to consider. This is the real crunch time. Now the premarket at 9:29 a.m. The markets will be opening in less than one minute. Not much of an improvment. No jump upwards is in sight. Now this. Really? Watch now what happened. The...