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So Deere Drops $9.64 In The First Fifty Minutes of Trading.

Here is it's five day chart and a look at what the "just-slightly-out-of-th-money-call" options are trading at. It's a Tuesday. Now this, it keeps dropping. Now a 10:49 a.m. update. The stock has rebounded $1.00 Notice the asking price has jumped upwards. At 11:00 a.m. it is starting to slip again. Do you see this time how quickly the bid and ask declined? Here now is the stocks five day chart. What do I think? Since the stock had a nice jump yesterday I think it might rebound in the next few hours. Now might be a good time to jump in looking for an upward move. That's my read on things. Let's see what happens. It's still early in the week. Now here we are at 11:30 a.m. or 38 minutes later. Now this six minutes later? Can you see how someone got excited about a rebound and bought in at $5.10? Now this at 1:03 p.m.
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Tesla Calls Worth Watching

Here is one reason as to why it dropped.
Now two different option series. First the Calls that expire tomorrow and second the Calls that expire next friday.
Buy next weeks Calls and sell against them this weeks Calls? That would be scary. Why not buy an option on it ninety days "out-of-the-money" like this one?
Talk is cheap. Maybe Telsa will flounder in price over the next couple of weeks and maybe it's better to just watch it and wait for a better entry point. Maybe wait until mid week next week and try to buy "near-to-the-money" Calls on it. Did you know the $7,500 tax credit for purchasing new electric vehicles(EVs) and the $4,000 credit for used EVs are still in place and will both expire on September 30, 2025. The hope for many is that Elon Musk in back in the saddle once again trying to rebuild the confidence in his empire. One additional point. Telsa's trading pattern over the last three or four weeks has provided multiple opportunities to catch five and ten dollar price swings. The trading volumes we are now witnessing in Telsa options are way down. How bad is this news? The stock towards the end of the trading sesion it is showing some resiliency. Here now is how the 305 calls with one day to go closed the day.
Do you think it will bounce on tomorrow's opening? *** It's Tesla. The stock jumps all over the place. Yesterday's news is history. Here is how it is trading in Fridays premarket at 8:00 a.m.
It's difficult to read however it looks like it is going to open stronger. Friday morning.
Everyone who bought in yesterday morning is happy. Now a noon look.
Here is how it closed the day.**** Now this, a look at Tesla one week later.
Here now is it's 30 day chart. The stock now seems to be in limbo.
With this type of chart formation there is no reason to now jump back in. That's one reason why earning seasons are events to be cherished.

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