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Is Tesla A Good Robot Play?

There's going to be pushback if Musk decides to turn his auto production lines into robot making production lines. That's a new fear. It is also noted that used Teslas are dropping in value quickly. Tesla was down in price $5.62 last week. How is Musk going to make this new venture work? Might his first generation of robots like his cybertrucks quickly become obsolete? If you think about it, maybe existing shareholders are already lightening up on their stock positions knowing that a bumpy ride could soon be on the horizon. Now a new topic. How much do the "three-month-out-Calls-and-Puts" on Tesla cost? That's a fair question and here is the answer. Now we also need to look at how it has traded in the last three months. The stock is down about $60.00 over that period of time. Anything is possible with these three month out option series. Now this, Tesla drops on the Monday February 23th opening. The markets are having a bad day. Look now at what the May 26t...
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Wednesdays Can Bring Market Reversals, Once Again My Focus in Looking At Playing Short Term (Less Than One Week) Options

Two stocks and the activity on their Put options today.
Only 17 option contracts traded on them today. Traders are afraid to trade them. Wednesdays are often the best days of the week for market reversals. The second stock is one I also recently talked about, Netflix. Here is today's action.
The stock is down however if you look at the chart the drop is barely noticeable. Or said differently, price changes like this are a near regular occurance.Yes there was light to moderate trading in this series of slightly "out-of-the-money" Puts. * The concept of playing short term options on stocks priced in this high price range is best suited for day trading only. It is advised traders do not hold onto overnight positions to avoid the risk of getting caught on the wrong side of a trade. That plus the time value element of the equation becomes more of a worry, with in this case only two day to go in the life of these options. Getting stuck going the wrong way will be fatal. Wednesdays give you the luxury of trading interday without much of a concern for the "time value" issue. In contrast, Monday and Tuesday option trading tend to be priced more defensively and make less profitable the exercise of trading one day price swings which are less than ten dollars. It's all kind of difficult to explain. ..
Once again, Wednesdays are often the best day of the week to look for interday market reversals on options on high priced stocks.

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