Tesla. A Good Quick Read
Would you be willing to purchase an "out-of-the-money" Call option on Tesla with one day to go? ... Most short term option player's would not simply because it's a flip of the coin situation and most would likely wait until 10:00 a.m. on Friday morning and then think about catching the stock's options looking for a reversal. The temptation with this current situation is that the stock could creep up a couple of dollars in the next few hours and that action could be a trade in itself. Midday option trading on a Thursday is generally not a sweet spot in the market. Let's see whay happens and talk about it later. The pricings on these Calls does look attractive. Now this twenty six minutes later. That's what I was hoping for. Notice the new high of $6.00 which happened during this time period? Tesla is known to suprise.