Featured

So Tesla Drops On The Opening On A Tuesday

It's chart. A look at it's Calls. A look at Tesla a minute or two earlier. Can you jump in the play it for a rebound? These Calls are down 50% on the opening. So we are experiences early morning market jitters. Tesla was down $37.12 last week. That's like $5.00 everyday. Is looking for an upward reversal simply wishful thinking? Hold that thought. Now this, another shoe has fallen off. A new thought. 10:00 a.m. often times are for lack of better words "points of inflection" or better yet, "points or pre-inflections". There is no reason for the stock to stop dropping but computer buying programs can kick in willing to accept the obvious degree of risk. Is that at 10:07 a.m. what we are looking at now? I don't like trading Tesla this early in the week with it's option series that expire this Friday. Let's walk away from this situation and check back in later to see what ends up happening.
Post a Comment

Catching The Smallest of Moves. Exxon On A Friday Morning.

Exxon on Friday morning. It's five day and one day charts.
..............
.....
No real volume in the Calls. Now this.
Volume is coming in. It would be nicer to see the spread shrink a little bit. At this price the option makers are putting on a brave face to cover up the low of $.44 which just happened.
Let's see if a rebound happens in ten minutes.
Not really but the rate of declining seems to be slowing down. If you check the Puts you can see the downward action is stabilizing.
In a way this is a good indication that now is a good time to jump into the Calls. Now watch this.
Now this.
Now this 5 minutes later.
At 10:24 a.m. it's chart looks healthy.
Now at 10:30 a.m.
Now at 10:54.a.m.
We caught the morning rebound without to much worry. That was the game plan. Getting out would make sense no matter what we leave on the table. *** Now this nine minutes later.
These options just lost most of their gains!
Sometimes it's good to be nimble! Now this at 12:14 p.m. These Calls are now at $1.20. The D.J.I.A is up crazy high.
Here is how the 116 Calls endeed up closing the day.
Getting out by noon on a Friday is sometimes the best way to go. You can see it was a bit of a scrabble to make money on these ones.

Comments

Post a Comment

Popular posts from this blog

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Image
Some say to think small, not big. Trying to play Disney options is thinking big. It is a stock slightly out of favor. If we start with it's a three year chart, we will see it is down by about 50% over that period of time. Now it's one year chart. If the stock can break 110 in early 2024 the sky is the limit. It does have a lot of moving parts so anything could happen. Look at these Calls options one year out. One year in options buys a lot of time.They look reasonable. If the stock ever inched up to the $105.00 price level in the three or four months these options would jump up in price by about 50%. Even more if they had really good news. Yet it's the "what-if" aspect of the equation that castes such a trade in doubt. "What if" stories just don't cut it. There are to many variables in play. Then again, why are we even thinking of long-term Call options after a December's rally? Let's switch gears. If consumers are out spending for X-ma...
Read more

Waiting For A Drop On The Opening On Bad News - Eli Lilly

Image
Here is the bad news. The company is Eli Lilly. How bad is this news? Well look at it trading in the premarkets. So what do I think? I think the news is a setback of sorts, but not really all that bad. The stock is going to open lower, that's a given. It's like trying to play Boeing after an announcement that an airplane has crashed. So the stock is going to crash and it might have a small rebound and then it's going to slide down some more. A test of sorts will happen sometime in the afternoon. It might stock falling but then where will it go from there? The best case scenario is a recognition that investors got it all wrong and the stock ends up flat on the day. Yet there might be more of a downward dumping of the stock on the close followed by a selloff on tomorrows opening. Should option players be jumping in to play the upside on next week's Calls? That is the question. Here is a look at Boeing on the days after a crash. Day two after the crash was equally as ...
Read more

Another Blog On "Vinfast"

Image
There is so much to read about this companies history online. Do your own homework. Their success is not dependent on what ends up happening with their sales in North America. They are nimble. There are plenty of auto factories all over the world now for sale they can acquire. They have dabbled in Australia. Having access to money to keep going doesn't seem to be their problem. Rivian also seems to enjoy this advantage. Vinfast is currently building a new plant in India which could employ thousands of people. That's an emerging new market. New relationships are being built and new investors will be coming onboard. Are option players looking at this stock? Not really if we look at these "one-month-out" Calls. What about Calls further out? What about next January? Here is a look at the three and four series of Calls. Nobody seems willing to bet Vinfast Calls. Now this. Here are two snippets taken from a blog I wrote about this stock back in early December of 2024. ...
Read more