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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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Options On A Monday Morning On Nvidia That Expire At The End Of The Day. Options On A Wednesday Morning.

Options on Nvidia are widely traded. There are options on it set up to expire three times each week. Monday, Wednesday and Friday. Nvidia is on a terror as earnings keep skyrocketing upwards. Here are it's thirty and five day charts.
Imagine buying last weeks Call options on the close last Wednesday and getting out on Friday? What a score that would have created. Now look at Monday morning's trading action.
Now shown above is how the stock is trading on the opening. It is up. Didn't it's perky chart look like that might happen? These are "step-up-charts" which you don't see very often.
It's 220 series of Calls are up 271% twenty minutes into the trading action on 110,800 contracts! But wait. We first started looking at the 215 series of calls however suddenly we are tracking the 220 "out-of-the-money" series of Calls. What's that all about? Can you see how dangerous a game this can be considering that these are "last-day-to-expiracy options". I can't go running all around town telling my friends to buy "last-day-to-expiring"-"out-of-the-money" Calls. Now this observation at 10:02 a.m. which is about twelve minutes later. The stock is giving up much of it's gain.
We could follow the progress of this stock all day but let's just jump to the end. Here is a closing reading on both the 215 and 220 series Calls.
First, look at the volume of trading in the 220 seris of Calls. It's a crazy high number. It's not like watching options trading on Caterpillar where 40 or 60 contracts on "near-to-the-money" and "just-in-the-money" would be trading. 2) Here is it's one day chart. Look at the opportunity to also play it on the downside starting at 9:40 a.m. and ending at exactely 10:00.a.m.. Could this be Ai trading kicking in? Previous blogs as of late have mentioned pivotal turning points at times like 9:30:00 a.m. and 10:00 a.m.. 3) Of the three different expiracy dates on this stock (Monday, Wednesday and Friday) In my opinion Monday expiring options are the best ones to watch for morning bounces. Let's move forward to the opening on Wednesday. The premarket indicators look like another strong opening.
Yes there are Wednesday options on it expiring today and the premium on the 220 series of Calls are $1.70 over the stocks previous day's closing price. In a way this makes it a super dangerous game to be playing. Here is it's five day chart also showing how the stock opened.
Now the 220 Calls again.
Once again, what a dangerous game.

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