Looking For Something To Buy On A Tuesday Afternoon?
How about one of these two situations. First Nvidia. The markets are strong and Nvidia was up smartly on the previous day. These Calls expire tomorrow and are over one dollar "out-of-the-money" so they are high risk. That plus Tuesdays going into a Wednesday in short term option trading is not as good as Friday going into Monday situations. See my recent blog about Tesla Calls going into the opening markets yesterday morning which was a Monday. Might not Exxon suprise. You can see the price of oil is down today but could it stop falling? Exxon is off in price a chunk and the Calls offered a good buying opportunity this morning.. Moves downwards this much in a one day time period are somewhat rare. Let's see what happens. That leads us to a new topic. Overtrading. I like Fridays for it's one day options and for it's late in the day look at it's "next-week-out-options" which might at this point in time be somewhat mispriced. Resets in pricings can s...
