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"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...
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Barron's Front Page Featured Articles : What you Really Need To Know

Let's talk briefly about a couple Barron's featured articles. I like reading Barron's weekly.
Back on November 3th when this article came out the stock was trading at $204.55. Now it is at $194.52. What's that, like a 5% drop in only two weeks? In the article it states that the company isn't expected to make profit this year, marking seven consecutive years of losses. No company in the S&P 500 Index it goes on to say has lost more money since 2019 than Boeing. It then says "Boeing is back". That's a strong statement. A cargo plane crashed just after this report came out. Another airplane overseas also crashed only recently.
Now this. Chatter about old airplanes still in service.
Oh well, Boeing is not really a sure thing but it does have a large backorder for new planes. It can't build them fast enough. Yes they say that the stock is a buy but so far their timing is off. Now lets take a look another cover page Barron's released on July 28th. This time the stock is Disney.
Their feature article/recommendation at that time is that Disney is a buy. Back then it was trading at $121.42. Now it's trading at $105.80. This week it had some bad things happen.
In all fairness Barron's sometimes make good Calls. Case in point is it's recommendation on Nov 25th of last year to buy the stock "Google". On it's cover page at that time it says the stock should go up 50%. That proved to be a good call.
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What does all this have to do with option trading? Not much.Tesla was down $25.17 last week or 5.9%.
I was busy on Friday talking about one of it's Call series rising from $2.81 in the morning trading session to a high at one point of $19.60 on the day. On Thursday the same thing. Pfzer a $25.00 stock was up $.63 on the week or 2.6%.
On Thursday I was busy talking about it's Puts rising interday from a low of $.08 to a high of $.40. My point is knowledge is power and the more you read about individual stocks the better you will be in playing them. Yet having said that, what you must also realize is that option trading and stock trading are two totally different animals.

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