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Can You Play The Dips On $10.00 Drone Stocks With One Week to Go?

First off why would you want to? It's Monday morning. This is going to be a long and super speculative blog which has somehow caught my attention. Please try and get through it. Let's start by looking at these three drone stocks and looking at how their one week to expiracy options are trading. Most drone stocks don't really yet make any money but the world is waking up to recognizing their usefulness in the world of military fighting. Other countries all over the world have companies also make drones. Trumph has helped to bump up the values of these three North Americian companies in the first half of this year. It's all kind of a guessing game as to who the winners and losers are going to be. In the last few days a rough patch in trading drone stocks is causing chaos. 1) First a company called Red Cat. Google that name if you like. Here are two series of their Call options. Five days ago this stock hit $12.0. Now it's crashing.. .... The interest here is only ...

Options on Five Dollar Stocks Can Surprise! HSAI

I have talked about this stock before (Hesai Group) and this morning it suprised again. Back on May 17th I did a blog on it called "A New Company To Learn About". Now lets look at it's current five day chart leading up to this morning.
Look at yesterdays volume pour into it. Now this mornings early action. Another spike in volume on the opening.
What's all the excitement about this morning?
If you don't know this company here is what they do.
Now back to my May 17th blog. Where were the five series of Calls on it trading back then which expire in January 2025? Here is how this same series of Calls is trading now.
No one had any interest in them. The bid and ask where crazy far apart. The option makers were burdened by making option markets for a stock with not much of an option trading history. The worry aferall is that a stock like this could double or tank overnight on news. Any stock could but more often it happens in this price range. Why would I say this? Well stocks in the $5.00 range are not penny stocks and are not likely to drop to zero overnight. With good news and a story that is for real they can sometimes pleasantly suprise. Here they are now.
So what happened today on November 27Th. Here now is its current five day chart and todays action in the 5 series of Call options on them that expire on Dec24, 2024.
Thursday was Thanksgiving and the markets were closed. This particular series of Calls still have a month to go. Trading volumes on Friday, the day after are usually expected to be somewhat subdued. Here is what happened to HSAI
This kind of upward action can't last forever. Options on stocks in the 5 dollar range can suprise.

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