Featured

"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 ...

What is McDonald's Doing ?

Here are one series of it's Puts that expire this Friday. They are "out-of-th-money" so it's going to take a bit of a directional move to get a payout.
Now it's five day chart.
Is the stock going up because the DJIA is up?
This to me is more a play on what the markets are doing than the stock itself. Here is how it closed the day.
It's largely unchanged from where it was trading at back at 1:18 p.m.. Here is how the D.J.I.A. closed the day.
Let's skiop ahead to Friday. It closed down 793 points. The 310 Puts had a good day.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast