Posts

Showing posts from September, 2024

Featured

The Topic of Tesla Jumping On Friday Mornings And To A Lessor Degree Later In The Trading Day.

Why am I often talking about playing Tesla options with one day of trading life remaining in them? One reason for doing this is that the Call and Put options on this stock hava recent a history of pleasing it's followers. What are the odds of sizeable jumps happening? I would suggest more often than you think. Jumps in the first hour of trading can be large. That' a given. . Can you make money trading these hot potatoes? Yes and no. The concepts of fear and greed come into play. Here is how it jumped in price on Friday June 26th . First it opened lower. The time to buy in was in the first minute of trading. It topped out at 11:30 a.m. That was a huge increase in price. Then between 11:30 a.m. and 3:00 p.m. it lost $7.00. Here is a better look at this action. . . Other stocks may also have interesting Friday trading patterns." Last Day Option Trading" is not for everyone.

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

Image
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.