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Tesla - One Day Options. Not Your Typical Read

This blog is going to be a tough read because it tries to track Tesla's early morning option trading in the last day of trading in the October 18th 220 series of Tesla Calls. Critics of "one day" options are having a hayday in pointing out these "one-day-to expiring" options are a mockery to concept of sound financial investing. Here is Tesla's premarket trading price in the 220 series of Calls at 9:29 a.m. on Friday Oct. 18th. They are flat. Remember last Friday was an exceptional day for the Tesla stock with it being hit with a $21.14 drop on the day. Do today's traders remember this? Probably not. Why should they? It's a given this stock can be volatile. Option traders playing the downside last Friday on Telsa made out like bandits. Now it's 9:31 a.m.reading. Up only eleven cents. Option traders are in a period of time where they have to deal with early morning trading jitters. Is there a glimmer of hope that this stock might bounce up one
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Deere Lays Off /Tesla / Eli Lilly/ Home Depot/ Nio

It was announced today, a Tuesday that Deere is going to lay off some of it's workers. Perhaps that news was leaked out last Friday and that's why it could have sold off last Friday afternoon.
The stock basically has done nothing over the last three years but some traders love it for it's thirty day swings. I have talked about Deere before.
The markets were accepting of this news. In other news Tesla Call option traders are rejoicing.
Image getting in two trading sessions ago at $196.00 to watching it shot up to over $230.00? This was (it's up in the premarkets again) the Telsa trading opportunity of the year! Then there is upside movement in Eli Lilly.
But then there is this background news.
Now this. Talk of a hurricane. Will Home Depot go up?
Then there is Nio. It's shares trade huge volumes and the stock has a wide following. Might it trade back up to $6.00?
It's down almost half price on the year. One of the problems in trying to anticipate what might happen to it's share price movement is that we don't really understand the dynamics of their markets.Nor do we understand in North America how quickly China is going electric.
China continues to grow it's E.V. numbers. Visit the NIO website. *Now this. Chatter about the future of E.V's. This time it's a Ford executive talking about it's state of affairs.
Ford executives have a history of confusing their shareholders.

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