Micron / Tesla

Micron recently had amazing earnings. Today it dropped $138.39 in one day.

Look at what it's 660 Calls options that expire tomorow closed at today.

The cost to play the game on tomorrow's possible rebound is $2,080.00. Any kind of a rebound will move the needle on these ones. Now the stock Tesla. It dropped $41.50 on the day!

Look at the cost of these $750.00 series of Call options that expire tomorrow. They cost $642.00 a contract.

So look at how the DJIA and NASDAQ closed on the day.

So what is going to happen on Friday morning. One thing for sure is that it's not going to open flat. The short players made a ton of money on the markets today. Some of that money will be pouring back in again on the opening (or have already bought in on todays closing) to push the indexes and these Calls back up again. At least up on the opening. How it closes the day is another matter. Let's see what happens. ** It's not my style to predict directional moves. This time because of the magnitude of the fall I feel compelled to make a prediction. I could be wrong.