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Tesla Options Near the Close on Friday Afternoon. Building A Case For Making A High Risk Trade.

Tesla was up 11% in the last five days. Look at it's one and five day charts. ... Now here are one series of it's Call and one series of it's Put options with only 42 minutes of trading life remaining in them. Might these Calls rebound back upwards towards the closing? Afterall the D.J.I.A. is up almost 900 points on the day and this is one of the hottest stocks all week. The 400 series of Call options at this time are "in-the-money" by $.72, and are priced at $1.88. That's a premium of $1.16 over the striking price. Imagine all of the money lost by the existing 400 series of Call option holders in the last 60 minutes! Couldn't the stock now rebound two or three dollars in the blink of an eye? It did afterall once again just drop over $5.00 a share in the last hour of trading and it now seems to be holding steady. That's the carrot now dangling in front of everyones eyes. Is it time for a quick flip? If you have made twenty or thirty option trades on ...

Looking Beyond A Day The Market Drops 483 Points In One Day. I Pick Boeing

Forget everything you know about Boeing. (It's most recent crash now points to a pilot error). The DJIA crashed on a Tuesday. It was down 432 points. Boeing was off fifty-one cents on the day. That's only a small amount. This companies chart pattern looks like it wants to go up.
It spiked upwards Monday morning and rewarded those option traders brave enough to hold it over the weekend. It closed higher on that day. Then on Tuesday, once again it lost fifty-one
cents. It is my opinion that Tuesdays going into Wednesdays are interesting times to hold short term Call options overnight and Thursdays going into Fridays are the worst days to do this. It's also a market where traders are accustom to buying on the dips. There are no gaurantees that this stock will go up on the opening however it is a strong stock as of late and the markets might reverse upwards on the opening. Let's wait to see if I am right. An 8:20 a.m. premarket look the following morning.
The share price increase we now see is enough to move the Call options we are watching up about 25%. Yes you could submit a sell ticket into the "premarkets" where you pick the price you would be willing to sell it at. Why is it that you would be picking the price? Well there are no posted bids and asks in premarket trading. Now here are other stocks I commonly watch.Tesla is the obvious stock to benefit from this sell off situation.
Now the opening markets.
At 9:31:08 a.m. the stock had the pop I expected. This is the case of buying on the rebounds. The Tesla and Eli Lilly options where both somewhat lacklustre. Higher priced stocks need greater moves to move the needles on their option pricings.
Now Joby. Lower prices stocks have options on them which can sometimes surprise.
It's now a Wednesday. It's mid week. Anything can now happen. Just take you money and run. *** Now this. By 10:10 a.m. most of this Boeing gain is gone!
At 11.44 a.m. it is really-really all gone!
Here is how Boeing closed the day.
** Tesla was also a star of the day.

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