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Super Micro Trying To Play The Downside After A Strong Earnings Report.

When a stock jumps bigtime on the opening can you play it on the downside? Now two series of its Puts that expire in two days. Now this. The Puts are starting to go up. What do you do next? Cash out with a slight gain? Here is it's five day chart. Can you see how trading short term options have periods of time leave you riveted to your seat. Now another update. .. Might this be a good time to get out and take your money back? Probably. The longer a stock like this goes sideways the less value the Puts will have. To be continued. Getting out was the thing to do. Here is how Super Micro closed on the day.
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The Topic of Tesla Jumping On A Friday Morning

Why am I often talking about playing Tesla options with one day of trading life remaining in them? Well the Call and Put options on this stock hava a recent history of pleasing it's followers. What are the odds of sizeable jumps happening? I would suggest more often than you would think. Jumps in the first hour of trading can be large. That's a given. Are you able to make money trading these hot potatoes? Yes and no. Fear and greed come into play. Here is how it jumped in price on Friday morning June 26th .
First it opened lower. The time to buy in was in the very first minute of trading. It topped out at 11:30 a.m. That was a huge increase in price. Then between 11:30 a.m. and 3:00 p.m. it lost $7.00. Here is a better look at this action.
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. Other stocks may also have interesting Friday trading patterns." Last Day Option Trading" is not for everyone. ** Tesla jumped again on Monday.

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