One- Day Options. Nvidia At 10:00 a.m. On A Monday Morning
The stock jumped on the opening and settled down thirty minutes later. Here are the details of that move. .. During this time period the real action was is buying the Puts just after it jumped on the opening. Now let's jump back to the 225 Calls at 11:46 a.m.. Do you get the feeling that this is just a game of luck? .... Now back to it's five day chart. Stop, stop stop. It's kind of crazy to be watching this stock in the hopes of making money on it's one day moves. Or is it? Look at the spike it had back on the opening on May 13th. Isn't the spike it had on the opening today a repeat of the same situation? Let's make use of the "strategy". Is it a strategy to be fighting Nvidea on a Monday morning opening (purchasing the Puts) after you see an early morning trading rally? I would say yes. * Here is how the 225 series of Calls where trading at 3:00 p.m. which was the deadline time to get out. One-day option trading on Nvidia has a wide following.
