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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Draganfly On The Fly.

A few months back this Canadian company was trading around $4.00 a share. Here is it's five day chart and it's year-to-date chart.
Options on stocks in the ten dollar range can over amazing leverage. Let's watch how the short term ten dollar options did on today's opening of this stock. Other stocks in the same spce include 1)
2)
3)
4)
5)
All are dangerous to play. Let's watch how the Dragonfly options do on the opening. I have talked about this company before. One series of it's options just jumped over 50% in less than the first three minutes of trading.
The jump in price was short lived but it did happen.
Are you following these charts and looking for action? Acher and Joby both dropped 10% on the opening.
What happened? Two things.
There will be more action to follow. Draganfly ended up trading sideways all day.
##Draganfly jumped again on Thursday.

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