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Showing posts from September, 2024

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Playing Eli Lilly Calls On A Thursday.

Here is it's chart. Here are what the indexes are doing at 11:10 a.m.. Now the Eli Lilly Calls twelve dollars "out-of-the-money" with one day to go. Now this, an end of day report. Now it's five day chart including today's action. To be continued. There is still reason to be optimistic. Now this in Friday's premarket. Friday was a suprise. The 140 Calls turned into a suprise. Very few traders had the guts to play them. This happened. Eli Lilly often suprises.

Tesla And The Play Of The Week - An Easy Read.

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Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the year.