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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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One Week Options. Neo Again.

It's Tuesday at noon.
Here are the Nio "six-dollar" series of Calls that expire this Friday
. Now it's five day chart.
Now a more detailed one day chart.
Now Wednesday's closing numbers.
This is not a good position to be stuck in. Can you see how in two days these calls lost half their value? To be continued. Now Thursday on the close.
Can you see how exhausting it is to watch options in this price range. Now this. A jump of sorts on Friday morning. The six series of Calls on Nio closed the day at $.04.
Can you see how they jumped on the opning to a high of $.07.
It gets even crazier than this. Look at how the Puts got squeezed on the opening down to $.05 to then only rebound back up to a high of $.19.
Can you really be buying $.04 options, or $4.00 per contract options on a Friday at the close expecting to make money? If so you have to spend more time watching how these types of options trade.

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