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$Hertz. Sometimes One Month Out Options Can Be Your Very Best Friend

One month until expiring options can be your very best friend. This time however we are looking at options on a stock in the five dollar range which are less predictable in nature compared to stocks in higher price ranges. The pace in trading them can be slower. Case in point is Hertz. View the following information. First it's trading chart today followed by it's five day chart. ... They are July 17th options and you can see how they had a slight pop on the opening. One of the things I like about this situation is how it's peirs in the industry are trading on the day. Now this readout. Notice the high of $.77 earlier in the morning. Let's move on to Tuesday morning. All three of the stock's piers are up. Whether it's drone stocks or drug stocks or auto retailing stocks it helps when the sector your'e trying to play is in agreeance with you're line of thinkings. Once again it is. Now this. Chat GTP would advise you from staying away from positions li...
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Tesla On A Friday Morning.

The concept of playing last day until expiring Tesla options scares most people. Maybe it shouldn't. In the list of the five most actively options on all companies traded Tesla would come it at about number two. My next statement is going to sound kind strange. One strategy often employed by dedicated option players is to look for quick reversals on Telsa on the opening on Friday mornings with their soon to be expiring options (at 3:00 p.m.) and see how this situation plays itself out. That's what has happened in the first chart shown below. It sounds silly yet watch them for yourself for the next four or five weeks and see how often this pattern plays itself out. Now here is it's chart at 9:56 a.m. this morning.
It's flat after a dip on the opening. That flat line on the top of the chart shows you where it started the day. The dip on the opening dropped these Calls down to $.85 cents. Now here is it's five day chart. You can see this morning's dip in it's chart.
Now to further set the stage here is how it's Calls and Puts are tradng, at least one series of them.
Now this. Anyone who bought the Calls on the opening dip would have already more than doubled their money.
The action in Telsa options in the first few minutes of trading is often the best action of the week. Yet I am not saying it's easy to play them. *** Here is how Tesla closed the day.

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