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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...
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Tesla Going Down In Stock Price Is The New Theme

Ok, so like Barron's did an article over the weekend saying that Tesla could be trading down to $100.00 and U-Tube videos are talking about the rise of BYD. Fisker is going out of business and Ford in Canada is delayed their shift to going electric by a couple of years in one of their plants. Norway is up to 83% electric or some crazy number like that. What to think? Well, weekends often serve as times of "resets". The result is the "change-of-thinkings" in what is happening in the global EV space over the last 48 hour period of time which is reflected in the opening price of the Telsa stock on a Monday morning. Here now is a look at how the Telsa stock is trading at 8:45 a.m. in the premarkets. It is difficult to read clearly but the stock is up about four dollars.
A second stock to watch for weekend changes in sentiment is Boeing. Somewhere is a previous blog I gave an example of how I traded out of a Call option position on a Monday morning on an opening bounce. Here is how Boeing today at 8:50 a.m. is trading in the premarkets. Once again it is difficult to read but the stock is down just over $3.00 a share.
Often times it closes up or down three, four or five dollars which can make for profitable short term option trades. Now here is how Telsa was trading at 9:53 a.m. on Monday morning April 8th. It's up like $8.00
**One final caveat. Premarket bids and asks can change on a dime with most of the changes likely to happen five or ten minutes prior to the opening. ***Friday mornings are the one day of the week where premarket directional changes are most evident.

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