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Tesla And Wondering About One Day Options. Is This A Crazy Topic? You Decide But Hear Me Out First.

Tommorrow is Friday and I don't have time to babysit these options all day. You might find yourself in the same situation. Look at it's one day chart today.
Now here is how one of it's Call option series were trading in the afternoon two days ago.
Here is how this same series of Calls closed today, a Thursday.
One of the things this tells us is that these options dropped in price by one half since 11:00 a.m. this morning. At one point in time they actually dropped down more than that before they started to crawl back up again. So it's a flip a coin situation right? Well not really. My best experieces trading Tesla options are in playing it's last day "at-the-money" or slightly "out-of-the-money" Call options on Friday starting around 1:30 p.m. and getting out around 3:00 p.m. It helps if the stock keeps rising all day like it sometimes does. Trying to outguess this stock on a Thursday evening is a waste of time. Waiting for the stock to go up or down two or three dollars shortly after a Friday morning opening and catching a reversal is a strategy worth testing. Or getting in around 10:00 a.m. on it's Puts if the stock is up. If this a game to rich to play I understand. Yet if your coming off a string of wins I would suggest you learn to develop a nack for these ones. So once again I am not going to watch Tesla trade tomorrow. Come back to this blog on the weekend and see what happened. Wouldn't it be nice if Tesla was to suddenly become one of your best friends?

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