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"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...
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One Day Call Options on Boeing Going into Friday

This is one of a series of blogs about short option playing. Past blogs have shown us that Boeing sometimes jumps if it has jumped only a few days before. Here is it's five day chart as of 3:30 p.m. on Thursday followed by it's one day chart.
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Now let us look at three series of Call options that expire tomorrow.
Now the higher "out-of-the-money" $237.50 series of Calls at 3:50 p.m.
Based on it's five day chart pattern it could jump on the opening. What's going to happen next? With Boeing it is sometimes know to drop on the opening on Fridays and then kick back upwards. Here is what happened. It did sell off on the opening and it did then charge back up.
Here is what happened to the 232.50 series of Calls. They hit a high of $420.00. around lunchtime after dropping to under $1.00 around 10:00 a.m. I mentioned that they could drop on the opening and rebound.
Boeing is a scary stock to play last day options on.

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