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Friday One Day Option Trading Cut to The Chase

Let's start with Nvidia Puts on Friday March 15th, Over 55,000 contracts traded on this one series alone on the day..
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The lows of the day happened when Nvidia was trading around $186.00 in the early morning. It was a smooth move downwards after that. Here is how the DJIA closed the day.
2) Home Depot. It opened stronger but closed the day totally flat. Here is how one series of it's Puts closed the day. Notice the spread between the near opening high and the low of the day.
It like Nvidia sold off most of the day. 3) Tesla. One series of it's Put options traded over 45,000 contracts on the day. Other series may have traded more. It's chart like the two above was mostly down all day.
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4) Apple is another stock that took a hit for over $5.00 on Friday. Here is how one series of it's Puts traded.
5) Caterpillar. In this case the big move down happened in the first hour of trading.
So what is my point? For years and years option traders have stayed clear of last day, Friday, option trading. When the markets are now tanking in an unusual way like they are now, maybe it's time to rethink how you trade in the markets on Fridays.

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