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"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 ...
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Playing Eli Lilly Calls On A Thursday.

Here is it's chart. Look at the extreme one day price movements.
Here are what the indexes are doing at 11:10 a.m..
Now the Eli Lilly Calls twelve dollars "out-of-the-money" with one day to go.
Now this, an end of day report.
Now it's five day chart including today's action.
To be continued. There is still reason to be optimistic. Now this in Friday's premarket.
Friday was a suprise. The 140 Calls turned into a suprise. Very few traders had the guts to play them. This happened.
Eli Lilly often suprises. Jumping in on Wednesday on the downside or jumping in on Friday morning was the way to play it. *** Can you play options on Eli Lilly up and down? They are expensive however as of late they have had huge price swings. Looking for opening market reversals is one way to play them.

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