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What's Going On With Google?

It's Wednesday. .... Now this. But wait. Look at how it's one day chart changed over the next few hours. I took a couple of hours away from the market to go swimming and I missed much of the downward action. Here is another chart showing how these Puts just traded. They went from $350.00 to $708.00 at 12:35 p.m. in less than an hour! I wrote a similiar blog about Google moving like this ( one day short term trades ) back on January 13th. Trumph has a way making statements which then moves the markets. The strenght this afternoon comes from statements he is not going to put tariffs on Greenland. What we now has is a market ripe for extreme daytrading.
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Monday Morning And 1,000 Contracts Traded On Hertz

I am fishing looking at todays action. Thirty seconds ago the volumes of trading in this series was reported as 4. Now it's 1,004. One thousand contracts could have happened in one ticket. I was watchinng it just before it happened.
$5.00 options can suprise. Here is how they closed the day, up 540%.
So why am I blogging aboiut this event? Well, in a recent past blog the same type of event happened. Check my November 8th blog. Look at the chart that I pulled up from that blog.
When a stock jumps in one day from $5.00 to well over $6.50 and settles back again to $5.00 you know that history could repeat itself. Today was that day. One month from now we could be looking at this same event unfolding again.
Whenever Hertz drops down to $5.00 can you purchase short term option on it looking for one of these situations? Not really.The stock BigBearAi I frquently blog about is one that has more promising one day moves.

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