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Towards Understanding Tesla Calls.

First, forget everything you know about Tesla's current state of operational history. Forget their news about their new factory in Germany, their new models and how many kids a fifty four year old fellow named Elon Musk has. Focus on the moment. In this case it's a Thursday afternooon and we are looking at options on Tesla it that expire the very next day. The interesting thing in this situation is that we are catching Tesla trading flat on the day. It has maintained for the last 2.5 hours a slight predisposition to the upside. Now this as we approach 1:00 p.m.. We find a price of $4.70 for the Call option shown above. These Calls are just slightly "in-the-money" and expire the next day. Things could change even before the end of the day. It takes big money to buy in and the risk is high. I get it. The Puts will also cost you chunk of money. It's Tesla and you are trading with some of the ...
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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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