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A Continuation Of The Theme Of Playing One Day Options On Super Expensive Stocks And Tesla

Put options on Costco with two days to go in their trading life were scrutitized in my last blog. This blog on Netflix will be quick and eye opening. Here is it's chart yesterday which was a Friday.
At 9:31 a.m. Costco was trading at $1,265 up from the Thursday close of $1,257. That's an $8.00 jump. Now look at these two printouts.
The "out-of-the-money" Puts! Any ticket purchased on a "one-day" slightly "out-of-money" Put just after the opening bell on Friday paid off in spades. So few traders are catching this action. One final Friday development. Imagine owning "out-of-the-money" one day Calls on Tesla yesterday. Twelve dollar one day moves on Fridays create magic for one day option traders.
Tesla option trading over the past five years has attracted the masses.

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