One Day Options On One Of The Most Difficult Stocks To Play Options On. Carvana
Carvana has a dubious reputation. Insider stock manipulation. That's old news. Who knows what is going on now to cause the stocks volatitity. You Tube videos about this stock are curiously asking if they are pulling their numbers out of a hat. Here is it's five day chart and here is how their "two-day-until-expiring" Call and Put options are positioned going into tomorrows (Thursday's) trading session. .... Both are crazy expensive however they do offer two days of trading activity. That's a long time for options on a stock like Carvana. Look at the dip and the rebound it had on Wednesday. Now I am jumping ahead to Friday, the final day of trading on these two series of options. Look at this. First a five day chart showing Thursdays and Friday's action. Now it's Friday only chart. So what's important about this one day chart? This. Look at how it's Calls options traded. The Call holders lost all their money. Now look at the Puts.Thi...