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Tesla and Deere Going into a Thursday Morning.

Are you able to remember my blog last Friday talking about Tesla dropping $19.00 in one day and it's Puts jumping up a zillion dolllars? Here are the closing numbers on Tesla and Deere today, Wednesday September 11th. They are difficult to read but Tesla closed at $228.13 and Deere at $388.59 Now look at the sightly "out-of-the-money" Calls on both of these two stocks which expire at the end of the week. Now the Deere Calls. .................. Now look at their one day charts. Remember I have repeatedly said that Wednesdays ( in the context of trading one week options) are the best days of the week for turnarounds situations. Look at the one day charts and look at the gains on the day that both of these option series had. They both took off on the upside after a morning dip. I will continue to track the movement of these two series of Calls over the next two days but the context of this blog is a blog in itself. Wednesday once again can be turn around days. Happy tr
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Capitalizing On Monday Morning Exuberance - Roku

I have spoken about Roku in past blogs( April 29th, March 27th, Feb. 17th). I like playing sideways moving stocks. Here is an entry point I made at 1:52 p.m. last Friday. I purchased two Roku May 24th 58 series of Calls at $129.00 each. The stock was going sideways all week and then dipped a touch on Friday. Would new life come into the stock?
Monday morning saw excess exuberance so I got out of my Roku position without waiting to make more.
Here is what the chart looked like.
I like selling into strenght like this. At 10:05 a.m. I got out at $2.97. Remember I got in at $1.29? Here is it's one day chart.
Not a bad time to sell out with Roku at 10:10 a.m.being the high of the day. I did try to play it down after I sold out however I was off a few cents in my entry point of my Puts purchase and then I didn't want to chase it. At the same time another stock was peaking and attracting my attentions. Carmax. It's not a stock I follow but I just happened to see it spiking. Other companies in the same space where also up. Would it be a short term bubble? Look at it's early morning chart. Here is what I did and how I made out.
I got "in-and-out" of two little Puts in just under an hour. Here is how the stock traded on the day.
There wasn't much there to be made.
In the past most of my experiece with Monday morning exuberance is in Boeing. With the markets as of late being so strong, multiple opportunties now exist.

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