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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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Tesla Options Near the Close on Friday Afternoon. Building A Case For Making A High Risk Trade.

Tesla was up 11% in the last five days. Look at it's one and five day charts.
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Now here are one series of it's Call and one series of it's Put options with only 42 minutes of trading life remaining in them. Might these Calls rebound back upwards towards the closing? Afterall the D.J.I.A. is up almost 900 points on the day and this is one of the hottest stocks all week. The 400 series of Call options at this time are "in-the-money" by $.72, and are priced at $1.88. That's a premium of $1.16 over the striking price. Imagine all of the money lost by the existing 400 series of Call option holders in the last 60 minutes! Couldn't the stock now rebound two or three dollars in the blink of an eye? It did afterall once again just drop over $5.00 a share in the last hour of trading and it now seems to be holding steady. That's the carrot now dangling in front of everyones eyes. Is it time for a quick flip? If you have made twenty or thirty option trades on the week and if your success ratio is in this adventure is on the positive side you know you can afford to do anything you want. Notice the open interest of number of 286,114 contracts in this series of Calls the last time we looked at them? You are not alone in this game. Many option traders use Tesla options as their "go-to-options" to trade in extremely turbulent market conditions. That is exactly what is happening today. Anything can still happen. This is the exact sort of action that some traders have waited all week for.
Now this, a 3:02 p.m. readout. Retail traders need to be out of their option postions by 3:00 p.m. otherwise risking getting sold out.
The 400 series of Call option we are now watching have gone in price from $1.88 up to $2.35. On days like this when the D.J.I.A. is once again up somewhere around 900 points you can afford to dabble in these little opportunities. Yet wait. Let's make a statement that supersedes all this silliness. There are traders who make it a habit of buying Telsa Call options at 10:00 a.m. on the last day of their trading life no matter how poorly they seem to be doing on the opening. It's like buying a lottery ticket. Today at that time (10:00 a.m.) the 400 series of Call options we are talking about were trading at $.89 cents a contract.
Why then have we wasted our time talking about picking up the crumbs? Well because I guess crumbs are also good.

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