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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Joby Aviation - A Quick Recap

 First it's five day chart.



Toyota Motors increased its stake in the electric-aircraft manufacturer to 128,454,401 shares. It did so through the purchase of 49,701,790 shares pursuant to a stock purchase agreement on May 22nd, 2024 at a price of $5.03 a share. Following the latest purchase , Toyota own's 15.3% of  Joby  Aviation's outstanding stock. 


Now two  slightly longer tern charts showing the same thing.. Can you see the volume pouring into it?



This is still a dangerous stock to own or to play options on. Toyota however seems to have faith in it.  That in a way provides a safety net to owners of this stock.. Recent Call option holders have done extremely well . So has Toyota who got in at $5.03.

Now this. More new cash is flowing in.
This could be a good thing.
This company is not going to go away.

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