Tesla - Intraday Trading. It's Not Usually This Easy.

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Last Friday's blog covered the same topic. Here we are on Tuesday after Monday being a holiday. Tesla down $12.58. We are looking at Call options five dollars "out-of-the-money" with 1.5 days of trading life in them.
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Now this. A bit of a pop after lunch.
Now here is how the stock traded on the day. Can you see how the exit point at 2:10 p.m. was a tad premature. Yet look at how smooth a ride it was.
What did these Call options ended up trading for at the end of the day? Well it doesn't really matter. My last blog about playing Tesla showed the vary same thing happening. Yes you can play these options if you time it right. Timing is everything. Thousands of traders are tuned into this action.

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