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Who Is Going To Get Rich Playing Options On Space X Technologies?

It's symbol is SPCX. It is my opinion that in the near term Tesla options will be more playable than these new the Space X options. Playing options on Tesla over the last few years has become a comfortable experience for many traders. They have a personality. Often times the stock will jump or fall ten or more dollars on the day and there seems to be an endless scource of fresh news as to what is happening with this company. What's happening with it's German production, what's happening with it's sales number in Australia, what's happening new models coming out and new self driving features? I doubt in the near term if the news on Space X will be as engaging. I could be wrong. All I know is that Telsa's last day to expiring options often offer roller coaster rides. But wait, as we all know there is a new kid on the block. Space X options are now here. Same management, different company. Traders don't know what to expect. Here is how it traded on Thu...
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The Power Of "One-Month-Out-Options" For Short Term Gains.

It helps when the markets rally on a Monday but that's a secondary issue.
This blog is about stocks in the seventy dollar price range with options on them staggered in thirty day intervals. Is trading in options which trade in only in thirty day intervals better than options on stocks in the same price range that expire every Friday? My experience is that options on stocks that trade every thirty days tend to attract less interest which in turn means that they are less susceptible to "market-maker" manipulations. Yet this isn't really a point I want to debate. Now this, a look at the seventy series of Calls on "Carmax" at the end of the trading session today.
Bid 5:70 ask 5:90. Only two options traded on the day. Let's now look at it's five day chart.
So it jumped a touch but nothing to crazy. Now this, I did a blog last Friday, my previous blog where I showed what the same options were trading at on that day. Here is the printout I want to show.
A 10:39 a.m. readout on Friday morning showing only three option contracts traded with a last trading price traded of $4.07. Is there a lesson here to be gained? Yes, thinly traded "one-month-out" options can be successfully traded. What appreciations are there to be gained? Well there is less market maker manipulations. When you put in a closing sell ticket for only one, two or three contract and if the trend of the stock is upwards you will get a fill without going through the game of watching option makers wiggle the "bid-and-ask" in their favour. One month out options, played correctly are also less stressful to hold because the premiums built into an options price for it's time value will not disappear as quickly as the premiums built into one week out options. That's just the way I see it.

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