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Lucid. Options On $6.00 Dollar Stock With Two Days To Go Are Difficult To Trade

What do you think about this chart? It's one of those falling of a cliff charts. It's a Thursday morning and it looks like this stock is kind of in a downdraft. Look at my most recent blog on Rivian. The bad news on Lucid could be a hangover effect caused by Rivan's one day prior bad news story. It was talk about Rivian going back to the markets to raise more money even though they were starting to lose less of it. It was a good-news, bad- news story. A story which would take a few days for the markets to digest. Let's now look at two series of Lucid's Calls which expire tomorrow. We now find ourselves forty one minutes into the market's opening trading action. The 26 series of "out-of-the-money" Calls that expire tomorrow are trading last at $.03 cents. ... Now this. Now look a this small rebound twenty five minutes later. .. Here is where it gets a touch confusing. The $5.50 Calls which were once at $.22 cents are now $.30 and the $6.00 series of...
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"Draganfly" And Options On Stocks In The $4.00 to $8.00 Range

The drone business. A number of players are in this space and it's difficult to differentiate which companies are stronger than others. Many are still a few years away from making any money. All of them are attracting an inordinate amount of attention as of late. Things got really crazy in many of these stocks about two months ago. How their products are used in wars is something everyone now knowns. Bigger companies like Toyota are buying stakes in drone companies or doing joint ventures with them. Who are going to be the winners?
This three year chart looks interesting because you can see the volume of trading in it increasing significantly in recent times. Here is it's three month chart. Is it ready for a takeoff?
This particular series of Calls shown below keeps you in the game until next year. That'a a good thing. Options on this stock are set up as follows. Striking prices are $2.50, $5.00 and $7.50 and are staggered in one month intervals. Here is how one series of Calls is now trading.
These options actually buy you a lot of time. Here are two other companies in this price range and what their Januuary 2026 options are now trading at. First Nio.
2) Hetz
Now a look at how the options of two stocks in the $4.00 -$8.00 range traded this morning. These are one week until expiring options which are more dangerous. 1) Livewire
They doubled on the opening. Now Quantumscape.
Up over 600% on the opening. The stakes are high and the rewards can be even higher. It's your call. Now more about the drone industry.
******* Another suprise. This is one day later.

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