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Step Down Charts And Short Term Options. Nio

Here is a classic "step-down-chart" with one minute of daytime trading life left in them before the markets close at 4:00 p.m.. The stock is Nio. ... This printout of "in-the-money" Call option also shows one minute of trading life in them before the market closes. It's Tuesday and these Calls expire this coming Friday. You are purchasing three days of market trading life. To purchase one thousand shares of this stock would cost you $5,750.00. To purchase options that control the price movement of one thousad shares of this stock for three trading sessions would cost you $370.00. ( Ten contracts at $.37 each). These Calls are also currently $250.00 "in-the-money" which means if the stock totally goes flat for the next three days your options will still have that amount of intrinsic value left in them. Now think about this. Many option accounts in the U.S. enjoy free option trading and there are discount brokers in Canada who can save you money. A fl...
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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 impose tariffs on Greenland. What we now have is a market ripe for extreme daytrading.

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