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The Topic of Tesla Jumping On A Friday Morning

Why am I often talking about playing Tesla options with one day of trading life remaining in them. Well the Call and Put options on this stock hava a recent a history of pleasing it's followers. What are the odds of sizeable jumps happening? I would suggest more often than you think. Jumps in the first hour of trading can be large. That' a given. Are you able to make money trading these hot potatoes? Yes and no. The concepts of fear and greed come into play. Here is how it jumped in price on Friday morning June 26th . First it opened lower. The time to buy in was in the very first minute of trading. It topped out at 11:30 a.m. That was a huge increase in price. Then between 11:30 a.m. and 3:00 p.m. it lost $7.00. Here is a better look at this action. . . Other stocks may also have interesting Friday trading patterns." Last Day Option Trading" is not for everyone.

Caterpillar,Tesla And Nvidia Puts On A Tuesday Afternoon. It's 3:40:00 P.M.

Caterpillar is up $40.00. at 340 p.m. Might it sell off a touch before the close?
The DJIA ended up closing the day 1,024 points! Let's look at these three series of Puts series which expire on Friday. First Caterpillar.
Now Tesla and a look at it's Puts about four dollars "out-of-the-money".
Now Nvidia with a focus to be watching it's Puts. Once again I would like to mention than these Puts still have three full days of trading life in them.
These ones are also slightly "out-of-the-money".
Now jump ahead to the closing reading. First Caterpillar once again.The Puts we were watching closed at $7.10 only ten cents higher than what they were trading at when we first looked at them. The Tesla Calls however jumped up to $3.65 from $1.90 and the Nvidia Puts jumped up from $.75 to $1.25.
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This is one approach to playing super strong days in the market without losing any sleep. Puts can sometimes be your best friend. ** A special point to think about. Caterpillar has more institutional trading (of it's shares) than most other stocks. Surging markets means times are good. Why would they want to sell? *** Now a look at the premarkets going into the next trading session. All three of these stocks are trading higher.
Get in and get out, forget holding overnight positions in this kind of market. Overnight weekend option positions are a different. Yes they can be traded.

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