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"One Day Options" With Both Tesla and Nvidia Having Options On Them Which Expire Today

The war is over so says Trumph and both of these stocks jump on this good news. Here are their one day charts. First Tesla. It closed at $406.43 and jumped to over $412.00 in the first four minutes of trading. Now look at two series of it's Calls, Calls that expired this afternoon. Once again, the best action of the day happened in the first four minutes of trading. Nvidia also spiked on the day. This time we are only going to show one series of it's Calls. The D.J.I.A. was up on the day. The markets don't get much better than this. In this case the big money was made by option traders purchasing Tesla "Calls" on Friday that expired today. Go figure with Space X doing so well.
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The Relevancy Of Option Trading In These Uncertain Times. Caterpillar And Exxon

Look at the volume of trading in Caterpillar Calls on a Friday morning on slightly "in-the-money" Calls options twelve minutes into the trading session. These are Call options that expire at 3:00 p.m. today.
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This options are $1.33 "in-the-money" and look at how wildly this stock traded on the previous day. Caterpillar has approximately 465 to 466 million shares outstanding. One would think that there would be thousands of shareholders engaged in "covered Call writing" strategies. Apparently not. The open interest number in these Calls is 27. Why? It's all become to much of crapshoot. That's the reality of our times. The good news is that some traders are still capitalizing on the realities of these crazy times. Case in point are Exxon options. How many more bombs are going to be dropped over the weekend? Look at these Exxon Call options on the opening this morning.
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Getting in on Thursday before the close knowing that Friday mornings would cause this worry was one way to go. All of this upward action happened in the first ten minutes of trading. ** Caterpillar closed down the day $7.77.
Very few traders caught the action in the Puts. Option traders are walking away from trying to trade in these markets.

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