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Step Down Charts And Short Term Options. Nio

Here is a classic "step-down-chart" with one minute of daytime trading life left in them before the markets close at 4:00 p.m.. The stock is Nio. ... This printout of "in-the-money" Call option also shows one minute of trading life in them before the market closes. It's Tuesday and these Calls expire this coming Friday. You are purchasing three days of market trading life. To purchase one thousand shares of this stock would cost you $5,750.00. To purchase options that control the price movement of one thousad shares of this stock for three trading sessions would cost you $370.00. ( Ten contracts at $.37 each). These Calls are also currently $250.00 "in-the-money" which means if the stock totally goes flat for the next three days your options will still have that amount of intrinsic value left in them. Now think about this. Many option accounts in the U.S. enjoy free option trading and there are discount brokers in Canada who can save you money. A fl...
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Options On Stocks In The $4.00 Range "Big Bear a.i."

First a look at the one day chart on a company named Big Bear a.i..
The second chart just above is a five day chart so the jump I am talking about happened on the fourth day of this five day chart which was Tuesday. On Wednesday as you can see the stock slightly retreated. Next you can see how on Tuesday the four series of Calls went from $.04 to $.25.
I have blogged about this company in the past. A few months ago this stock was on the most active list week-after-week. Here is it's "year-to-date" chart.
This story keeps going. The stock ended having a lessor bounce on Thursday. It was an interesting bounce with a portion of it happened at exactly 2:00 p.m. and lasted for about an hour. Here is what the bounce looked like and this time we are looking at the 3.5 series of Calls which is a lower series of "in-the-money" Calls than we looked at two days ago. Slightly "in-the-money" Calls are the best options to use in situations like this.
While all of this makes for an interesting read one has to wonder if situations like this are really playable. Yes and no. One has to super nimble to be involved in situations like this. I wouldn't want to be trying to play these options on the last day they expire. Let's check in later to see how they closed out the week.
Where the stock is going from here is just a guess. I would rather be getting in mid week trying to play a reversal in the stocks price.

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