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Tesla Options Near the Close on Friday Afternoon. Building A Case For Making A High Risk Trade.

Tesla was up 11% in the last five days. Look at it's one and five day charts. ... Now here are one series of it's Call and one series of it's Put options with only 42 minutes of trading life remaining in them. Might these Calls rebound back upwards towards the closing? Afterall the D.J.I.A. is up almost 900 points on the day and this is one of the hottest stocks all week. The 400 series of Call options at this time are "in-the-money" by $.72, and are priced at $1.88. That's a premium of $1.16 over the striking price. Imagine all of the money lost by the existing 400 series of Call option holders in the last 60 minutes! Couldn't the stock now rebound two or three dollars in the blink of an eye? It did afterall once again just drop over $5.00 a share in the last hour of trading and it now seems to be holding steady. That's the carrot now dangling in front of everyones eyes. Is it time for a quick flip? If you have made twenty or thirty option trades on ...
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Another Attempt To Explain Exxon Options.

There are times I feel safer playing Exxon options than I do playing options on other stocks. Why? Well today this happened and the options didn't move all that much.
What the heck was all that stuff? It was information that flows. It's humbling to read it. There are so many parts in motion which somehow mesh together to create Exxon's price at any one momeent. What I like about trading Exxon is that when it moves, it moves quickly. That plus when it does move the options on them move a chunk at a time. That can be a good thing. Here is Exxon's five day chart. It's had some recent really big moves.
I picked something difficult. Two series of options on Exxon that expire at 3:00 p.m. tomorow. Here is how they closed today, a Thursday. Let's be clear. This is not a situation I would like to be in.
Which way is the stock going to move on the opening? I note that there are four times more Calls outstanding than there are Puts. It's not uncommon to see things set up that way. One last thing. A chart showing how Exxon just finished out trading on the day. This time it's pretty boring.
Let's see what happens tomorrow. It opens flat. Here we are 36 minutes into the trading activity.
......
What a swing. Look at how cheap the Puts have suddenly become. Now the end of the story. First a chart showing how Exxon traded on the day.
The Calls hit a high of $1.68. Exxon options are known to move boldly.

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