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Nvidia Options On A Tuesday Morning.

Itching to find something to do in the markets on a Tuesday morning? Well it's not a typical Tuesday morning from a trading perspective because Monday was a holiday and the markets were closed. Traders are just getting back to work. What about Nvidia options that expire at 3:00 p.m the next day? You're gauranteed that the liquidity found in these options will be great. The markets are opening somewhat sideways with some strenght in the Nasdaq as shown as of 10:20 a.m.. The real action happened in the first few minutes of trading which is commonly the case. Look at this early morning readout of Nvidia just ten minutes into the trading session. ... What do we see happening? Focus on it's chart. Nvidea closed at 215.62 and opened at $215.70. Then it moved up slightly like it did on it's previous Thursday's opening and to a lessor degree on it's Friday opening.(This is a one day chart as of 10:45 a.m.). In the very first two minutes of trading the Puts slipped do...

"Ford" and an Extreme Opportunity Missed

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If you were out cruising in your Mustang convertable on Friday you probably missed this action. It's a shame because had you purchased $1,000 of a certain "Ford" series of "Call" options on the opening and sold out just after lunch you would have made enough money to turn your ride into something a lot nicer, something like $47,000 nicer. Honestly, this did happen and it wasn't all that complicated trade. This blog from this point on is going to write itself. Try and follow this action. Look at the high and low on these options. .01 and .47 . One thousand dollars actually turned into $47,000 if you caught it right. I have talked about how options on stocks in the ten and fifteen dollar range can often be darlings to play and "Ford" and "U.S." Steel are two of these darlings with options series that are the most splendid to play because their liquidity is excellent, bid and ask prices tight and price movements swings on only five and te...