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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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3:30 P.M. On A Day the DJIA Is Down Like 700 Points.

So here are four widely followed companies. Let's see how buying two day (Friday) Let's watch the demise of their Call options over the next three days. Trumph is destroying the markets. 1)
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38.000 contracts have traded. 2) Is Boeing.
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3) Is Tesla.
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. Now Apple. This time with a 4:00 p.m. chart.
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Here now is how the indexes closed on the day. The markets remained largely unchanged in the last twenty minutes of trading.
These options are down 28%,63%, 53% and 62%. Let's see what tomorrows opening trading will bring. Now Thursday's closing readings.
Down 68%, 89%, 93% and 53%. In two days the Tesla Calls for example have gone from a high of $10.80 to $.28 cents.
That's what happens when the markets drop 992 points in two days. Friday turned out to be a down day again. Trumps actions are unexplainable. That's the big problem. Option traders, unlike stock traders have the luxury of sitting it out when times get tough.

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