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$.55 Cent Option On A Monday Morning. Nike

Here is a difficult chart to undestand. It's Nike's five day chart. It appears the world cup tournament has not helped their cause. Do you like this chart for playing the upside? What I like about it is that it seems to have false starts. At the same time I respect the fact that playing short term options in this price range often ends up with disastrous results. Yet saying that, I also know that $.55 option contracts can often double in an hour or two and it's Monday morning which is still all so early in the trading week. ....... Let's see what happens. Now here we are at 11:00 a.m. A safe bet would be to get out and say thank you for a nineteen minute ride. Monday morning resets like this are more common than you might think.* Now this at 1:00 p.m.
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Let's Set the Stage For A Friday Option Ride on Tesla

Tesla has moved sideways all week. That is unusual.
Here is what the markets are doing.
Now it's morning trading chart and two series of it's options late in the morning. It's 11:51 a.m..
There is also more action in the Calls than the Puts as there always is. Call holders were rewarded in the early morning trading action. Now a different way to present the same material.
Now this action on the Calls and Puts a few minutes later at 12:30 p.m. or 31 minutes after our first reading.
The Puts have gone from $1.44 to $3.48. Here is how Tesla closed the day.
If you could do one trade a week like this you would be a happy camper. ** See my February 13th blog about Telsa dropping on a Friday afternoon.

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