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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 ...

Disney, An Easy Read.

Few traders like trading options on Disney because the stock constantly disappoints. Look at these Calls which expire this Friday.
Options on stocks in the 100 range offer good leverage and Wednesdays at noon mark the "middle-of-the-week" inflection points. Let's see what happens here. These Call options expire on Friday. To be continued. Now this, 36 minutes later.
Is that good enough of a return? $1.05 was the low of the trading action. Now look at this "bid-and-ask" thirty-four minutes later!
Mid week trades like this do happen. ** Here is how Disney closed the week.
Wednesdays sometimes see market reversals. *** Another quick look at a different trading opportunity. This time on April 2nd with the markets closed on the following day for Good Friday.
Options on this stock are something worth following.

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