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Tesla And Wondering About One Day Options. Is This A Crazy Topic? You Decide But Hear Me Out First.

Tommorrow is Friday and I don't have time to babysit these options all day. You might find yourself in the same situation? Look at it's one day chart today. Now here is how one of it's Call option series were trading in the afternoon two days ago. Here is how this same series of Calls closed today, a Thursday. One of the things this tells us is that these options dropped in price by one half since 11:00 a.m. this morning. At one point in time they actually dropped down more than that before they started to crawl back up again. So it's a flip a coin situation right? Well not really. My best experieces trading Tesla options are in playing it's last day "at-the-money" or slightly "out-of-the-money" Call options on Friday starting around 1:30 p.m. and getting out around 3:00 p.m. It helps if the stock keeps rising all day like it sometimes does. Trying to outguess this stock on a Thursday evening is a waste of time. Waiting for the stock to go up ...
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Lucid Disappoints Again

Let's start with a good news story back on July 22nd. That wasn't that long ago.
Now this news.
Remember the old days?
If you look at it's five day chart below you will see how the stock dropped on that news and opened stronger on the next two sessions. That should tell you something. I don't know what to think about all this. If it starts trading at $10.00 per share and sinks to $7.50 and then comes out with some crazy news like they did in July then the stage could be set for another rebound and if sales then start to go up they could come back to the markets to raise some additional money. That's a lot of ifs.
Let's watch the remainer of this week to see if the open interest in the January 2026 and 2027 $2.00 Calls continues to go up. Remember ten Calls will become one Call and the new striking price will be $10.00. What are visionaries now thinking?
To be continued. A Friday Sept.99th update at 12:50 p.m.. Now a look at the Jan17th 2026 Calls with a striking price of $2.00 to see if the volume in them has increased. Today is the last trading day before the planned reverse stock split. The volume is only up slightly.
Can you see how Lucid is trading at $1.99 in the early afternoon. They will most likely close the stock at $2.00 today to make the reverse stock split now scheduled for the next trading day easy. They didn't, they closed the stock at $1.98 and here is how it traded in the premarkets on September 2nd at it's new price.
They took a hit. Now this.
Here is Lucid's new chart on Monday morning. Yes traders bought in on the dip.
the action in these Calls don't seem to make sense.. what happened to all the volume? Why is the open interst number zero?
To be continued.

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