Featured

Vinfast and Nio

"Vinfast" blogs tend to cause a spike in readership. The last blog I did on VinFast was back on April 1st last year entitled " Another Blog on "Vinfast". At that time the stock was trading at $4.70. Now it's at $4.54 up $.44 cents on the day.The company seems to have strong backers with 2.34 billion shares outstanding with 97% of them held by insiders. That gives them the ability to control the stock's price. The second company I want to talk about is "Nio". The last blog I did on Nio was back on March 10th called "Nio, Could This Be The Real Thing". Nio at that time was trading at $5.69. Before that I did a blog on it on February 5th entitled "What do you think is going to happen to "NIO" On The Opening". The stock at that time was trading at $4.71. It has 2.53 billion shares outstanding with 0% owned by insiders and 14.8% owned by institutions. In contrast Ford has about 4 billion shares outstanding however they...
Post a Comment

Tesla On A Wednesday. ( With Options On it That Expire The Same Day ).

Let's start with this chart. Tesla is stuttering after the opening.
Here are how one series of Calls are trading. What you need to know is that these are Call options which expire today, on a Wednesday which are not the usual Friday expiring options I commonly follow. Who would be bold enough to be playing "last-day-to-expiring" options?
Next, Tesla at 1:42 p.m.
...
Now a different look at the same action.
So at 11:08 a.m. thirty three minutes after we first started looking at them they jumped up to $4.50 per contract and at 1.04 p.m. they jumped up to $4.33. These are impressive gains. Now this at 3:00 p.m..
. These Call options have run out of time. 3:00 p.m. is deadline for when retail traders have to be out of their positions.
Tesla can sometimes jump $25.00 in one day. I get it as to why there is a fascination for one day option trading on Tesla, especially when the DJIA trades so erratically on a "hour-to-hour" basis. With this kind of trading you have to learn to take your profits whenever you see them. Unless you're playing with recent profits forget trying to play them. ** Now this. A fresh look at what happened to the 412.50 Puts just before 3:00 p.m..
Is you bought the Puts around 1:00 p.m. you could had made money holding them for an hour or two. With more Call options outstanding than Puts and with options expiring that day the safe bet would be on owning the Puts. Here I am talking about options on Tesla that expire in two hours. I don't know if that is a good or bad thing. Next Wednesday I will do a blog about how it's Puts traded in the last two hours of trading.

Comments

Post a Comment

Popular posts from this blog

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

Image
Here is the bad news. The company is Eli Lilly. How bad is this news? Well look at it trading in the premarkets. So what do I think? I think the news is a setback of sorts, but not really all that bad. The stock is going to open lower, that's a given. It's like trying to play Boeing after an announcement that an airplane has crashed. So the stock is going to crash and it might have a small rebound and then it's going to slide down some more. A test of sorts will happen sometime in the afternoon. It might stock falling but then where will it go from there? The best case scenario is a recognition that investors got it all wrong and the stock ends up flat on the day. Yet there might be more of a downward dumping of the stock on the close followed by a selloff on tomorrows opening. Should option players be jumping in to play the upside on next week's Calls? That is the question. Here is a look at Boeing on the days after a crash. Day two after the crash was equally as ...
Read more

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

Image
Some say to think small, not big. Trying to play Disney options is thinking big. It is a stock slightly out of favor. If we start with it's a three year chart, we will see it is down by about 50% over that period of time. Now it's one year chart. If the stock can break 110 in early 2024 the sky is the limit. It does have a lot of moving parts so anything could happen. Look at these Calls options one year out. One year in options buys a lot of time.They look reasonable. If the stock ever inched up to the $105.00 price level in the three or four months these options would jump up in price by about 50%. Even more if they had really good news. Yet it's the "what-if" aspect of the equation that castes such a trade in doubt. "What if" stories just don't cut it. There are to many variables in play. Then again, why are we even thinking of long-term Call options after a December's rally? Let's switch gears. If consumers are out spending for X-ma...
Read more

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

Image
Look at the one year chart on Polester. Now it's one month chart. What's going on? It's confusing. It was down $.36 cents on the week. If you want you can spend $.20 or $.25 on Puts and hope that the company goes under in the next five or six months. They recently raised more money by releasing more shares so it's running out of options. You can't run at a loss forever and this news will most likely scare off potential new car buyers. This actually is a low number of outstanding Put options. The consensus seems to be that it is not game over yet. Lucid started trading this week on a "one-for-ten" reverse stock split. Here is its one week chart. It was down $1.39 on the week. It's also going to struggle. Both of these stocks have challenges ahead. On a more positive note here is a chart that looks kind of perky. Ford on the week. The stock was down $.03 cents on the week and it was the 3th highest in share volume trading on the NYSE. It appears...
Read more