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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 Scenario For Insider Trading.

I think something suspious happened today but I have no proof. It's what happened to Boeing Calls. First it's one day chart, on a day the D.J.I.A closed down 453 points.
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Can you see the stock spike at 1:18 p.m.? What was that all about?
Why on a Friday afternoon? That is when there are Call options expiring in a few hours. That's when anyone privy to this infornation just prior to it being "hot-off-the-press" would be buying in.
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One could say that this was an anticipated event with teams of employees at Boeing negotiating terms and conditions of this sale. They would be in the know. If you think about it the release of "purchasing news" like this should be limited to happening only when the North American market's are closed. In that way news like this would have more time to be disseminated and a greater number of existing shareholders could plan to use this event as an exit point. Thus the jump in price potentionally would not be that great. But what about situations like airplane crashes, gold mines having tailing ponds burst and factory workers going out on strike? I guess market trading is what it is? It doesn't always seem fair. I especially don't like the timing of Friday afternoons for news releases. It opens the door to insider trading. If this Boeing annoucement was released on a Thursday instead of a Friday the Call options mentioned above would have cost double or triple the price than what they cost on Friday afternoon because of the time value part of the equation. Insiders would have then had to put up more capital to be part of the game. That's the way I see it and a company as large as Boeing should know better. Kelly Ortberg their CEO who makes something like twenty million dollars a year was asleep on the switch on this one. I have traded the option market for almost fifty years. Insider trading in option trading is one of my pet peeves.

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