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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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A Chart Pattern You Don't See Very Often. Super Micro

Here it is.
Obviously something when wrong to drive the price of the stock down 30% in one day. This is a Friday chart. Might Monday morning bring a second wave of selling pressure? The company got messed up breaking U.S. export rules. The companies co-founder Wally Liaw, age 71 got arrested for helping Chinese customers getting Super Micro servers containing high - powered Nvidia artificial intelligence processors in violation of U.S. export-control laws. Now here are what this weeks $20.00 series of Calls are priced at going into Monday's morning.
Might this event get shrugged off over the weekend? Who knows. Here is the answer, fifteen minutes into the Monday morning trading session.
What do I know? Not much. I am suprised that the stock didn't open higher. This could be the second wave of panic selling. Now could be a good time to buy.
To be continued. Now this at 10:52 a.m..
Not a bad trade if you're happy with a quick in and out. Opening mornings this strong are rare.
Or sell only half your position and wait. Here it is now trading at 1:00 p.m.
Super Micro Computers is not usually a stock I like to trade. * Now it's end of day reading.
Options on $20.00 stocks are not usually my thing. ** An update two days later.
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