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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Nvidia Again . Slice and Dice Intense Early Morning Trading

This blog looks at some serious action. When you see the high trading volumes on the one day option in Nvidia you realize it's a game of serious calculations. What I want to show you is how intense this action is. Let's start with it's morning five day tradng chart.
So the price of the stock jumped on the opening this morning and then quickly gave up about one half of it's gain. Let's break down this action by looking at it's early morning chart.The stock is starting to sell off after an early morning jump upwards.
You can see the drop however the stock is still up on the day. Now the next printout shows how the 225 Puts reacted.
The number I want you to focus on is the low of the Puts in it's first hour's trading. The dollar value was $1.10. That's how low the Puts dropped down to when the stock hit the top of it's morning spike. ONE TRICK IS TO PURCHASE PUTS ON AN UPWARD SPIKE. Here is how Nvidia ended up trading on the entire day and a final look at how the 225 series of Puts ended up trading.
Can you see the the 225 Puts jump up to $4.15 at one point in the day? Morning spikes often create these types of trading opportunities. WATCH FOR THEM. Once again Nvidia is one of the stocks that have options on them which expire three times a week.

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