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Trumph Picks A Friday To Change The Rules.

This is kind of dirty pool. So the stock and options jumped on this news. Did Trumph's cronies get in on this action? It's difficult to tell as they could have got in a few days or a week ago and they could have bought Call options with longer term expiracy dates. Or his stockbroker cronies could have bought the stock to also profit in this gain. Certainly the authors formulating these policy changes were part of this action. In all fairness I can't prove that insiders profited from this Friday event. Yet here is the thing. Releasing this kind of news on a Monday or Tuesday would mitigate this kind of an event from being as impactful as it potentially could be. Option premiums shrink in value the closer you get to their expiracy dates. Lawmakers know this. They should know better than to allow this to happen. No government policy changes that will directly effect the stock market should be allowed on the trading days of the week when the majority of short term Call and P...
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Tesla Eleven Dollars Out-Of-The-Money Calls On A Tuesday Morning

Here they are.
Now here is it's five day chart.
Why $11.00 "out-of-the-money" and not closer to being "near-the-money" Calls? Well the price. These one's are somewhat affordable. Now a second look at them ninety minutes later.
Would this be a good time to get out and look for something else? Now this, five minutes later. It's kind of like playing the wheel of fortune.
Now this nine minutes later again. The pace of acceleration is slowing down.
Selling out on something that is going up. It's never a mistake to take a short term profit. I would say yes and exit this position even if I made the wrong decision I wouldn't lose any sleep over it. I will check back in on it later. Tuesday morning option trading on this weeks options are free of the worries over time values. **** A 2:12 p.m. update.
......
Getting the direction correct for most of the day is all that matters. Here is how these options closed the day.
Look at Tesla's final one day chart.

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