Featured

"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...

Exxon On A Rebound On Tuesday Morning.

Exxon dropped on the opening. It was it's first trading session in three days.
....
At 10:01 a.m. the interest in playing it for a rebound was muted. Now this.
...
A sell ticket in at $2.70 would at this point would get a fill in seconds. Now this at 11:05 a.m..
Timing is everything. Here is how Exxon closed the day.
This kind of action never stops. See my November 19th blog "Can You Play Exxon Crashing On The Opening? The sell off that morning was even larger. ** Exxon on Wednesday continued it's upward trend.
^^^^ Here is how it closed out the week.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast