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Who Is Going To Get Rich Playing Options On Space X Technologies?

It's symbol is SPCX. It is my opinion that in the near term Tesla options will be more playable than these new the Space X options. Playing options on Tesla over the last few years has become a comfortable experience for many traders. They have a personality. Often times the stock will jump or fall ten or more dollars on the day and there seems to be an endless scource of fresh news as to what is happening with this company. What's happening with it's German production, what's happening with it's sales number in Australia, what's happening new models coming out and new self driving features? I doubt in the near term if the news on Space X will be as engaging. I could be wrong. All I know is that Telsa's last day to expiring options often offer roller coaster rides. But wait, as we all know there is a new kid on the block. Space X options are now here. Same management, different company. Traders don't know what to expect. Here is how it traded on Thu...

"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...