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One Day Options On One Of The Most Difficult Stocks To Play Options On. Carvana

Carvana has a dubious reputation. Insider stock manipulation. That's old news. Who knows what is going on now to cause the stocks volatitity. You Tube videos about this stock are curiously asking if they are pulling their numbers out of a hat. Here is it's five day chart and here is how their "two-day-until-expiring" Call and Put options are positioned going into tomorrows (Thursday's) trading session. .... Both are crazy expensive however they do offer two days of trading activity. That's a long time for options on a stock like Carvana. Look at the dip and the rebound it had on Wednesday. Now I am jumping ahead to Friday, the final day of trading on these two series of options. Look at this. First a five day chart showing Thursdays and Friday's action. Now it's Friday only chart. So what's important about this one day chart? This. Look at how it's Calls options traded. The Call holders lost all their money. Now look at the Puts.Thi...

Recognizing An Oversold Situation On A Monday Morning. Moderna

Moderna. Let's start with a doggy stock that has a large short position.
Now it's opening chart showing five days of trading. It's down. .
Here is some news the market is digesting.
Isn't this just more news of the same? Now a look at the 28.5 series of Calls at 10:25 a.m..
Now at look at the action at 11:00 a.m. The stock is up 20 cents.
It's not enough of a move to get out however the stock is moving in the right direction.
Now at 12:11 p.m. there isn't to much new to report.
.....
Now this.
Now at 12:50 p.m.
I would be thinking of watching it trade minute by minute. Now this.
It can't get much better than this. I would just get out. The morning fear factor that was attractive on the opening is now long gone. The reasons to now be holding this position have changed. It's called Monday morning daytrading. Selling into strenght can be a remorseful experience but one that most usually is quickly forgotten. I will check back in on this position at the end of the day. First, here is how the markets closed.
Now this.
Not a big gain but not a bad gain if you bought let's say ten contracts this morning. Now on to something else.

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