Autonomous Air Taxis Or "eVTOLs"
These are not new companies and these companies are know to beat their own drums. Making money is not a short term mandate. Look at the three I am mentioning. Now their three month charts. When one company has good news it tends to be a victory for all three companies. .............
I often talk about how exciting it is to play options on stocks in the five and ten dollar range. Here are three examples. But first what are the markets doing at 2:10 p.m. on a Monday? They are down.
Here is this week's "end-of-the-week" Call options on Acher.
Now unusual Machines and Joby.
All of these option series were caught off guard. In all fairness trying to catch moves on these stocks with a one week time frame is a losing game. The thirty day time frame is more appropriate. Spend some time reading about all three of these companies. Stocks in this price range are somewhat speculative however all three of these companies are working on creating avaition history.
On a different note I have stumbled apon an unusual company. Zapp.
If the stock is only $.06 cents a share and the company has had an operating history of over five years what does that tell you? It tells you to stay away. More and more companies are in a race to build the same thing. Obviously this company has burnt a lot of bridges to get to the state of where it is now.
** Five hundred point drops on stocks trading in the $10.00 range with options on them is a good thing. Yes they may drop $.50 cents on the day or 5% of the stocks value. If the markets start to normalize after drops like this all that is lost can be quickly regained. Two week out Calls on any of these three companies might be an appropriate action to take. It's best to stick with the companies that have the highest number of options trading on them.
Here is Joby's two week out Call options. I will check back on them later.
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