Thursday Was A Bust For Moderna

Here is it's chart.

What happened? It had a big one day drop. Can you buy Calls just prior to the close looking for a Friday morning bounce? Shown below is the price the 202.50 series of Calls closed the day on Thursday, once again on the day of a big drop.

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Knowing this has happened can you play these "one-day" 202.50 Calls for a Friday morning bounce? Friday morning turned out to be ugly. Shown below is how these series of Calls closed the day.

Look at the deep drop on the opening and the stuggle moving back up. Notice a price of these Calls of over $5.00 around one p.m. before selling off to nothing. Imagine purchasing the 185 series of Calls just after the opening this Friday morning. Look at how low they traded down to.

Bad news on Thursday and then a quick morning sell off again followed by a spike upwards. Don't be buying in on the close on Thursday looking for a morning bounce on a stock that have had a steep decline on the previous day and don't be afraid to buy in on a Friday morning dip, on stocks that have had a massive Thursday afternoon sell off. The concept of "one-day option trading" is very much different than the concept of "last-day-of-the-week, one-day option trading". I hope that what I am trying to say makes some sense.