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Showing posts from September, 2024

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Carvana Puts With Four Days Trading Life.

Here is it's five day chart and how this one series of Puts traded on the day. Today is Monday November 10th. ... Who is buying this stock? Is it a pump and dump scheme? Lawsuites against it are mounting. The company has admitted in the past to breaking state laws and the stock did trade down to the $4.00 range in 2022. Fear and greed. That's what option trading in this stock is all about. Let's see what happens to these Puts in it's next trading session. I would think that they are about to go up.
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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.
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