"Nio". So Much At Stake.
One day option trading. Look at "Nio's" one day chart. What a waste of time it is you might say to look at junky options on junky $5.00 stocks. I know, "Nio" has kind of a checkered past. Monthly sales numbers however have just increased significantly. If that's the case why did the stock dip on the opening? That's a missing link in this puzzle and something we have to discount based on the opportunity that this quick price drop created. ... A thirty cent price drop happened on this stock on the opening and this week's Call options took a major hit. Obviously catching this morning's sell off using Call options as a trading vehicle was the way to go. Where these Call options are going to go from here is something I will track. Last week I talked about another stock in a rebounding mode called Hertz. When I pull up it's trading pattern today we can see the same thing happening again. $.19 cent Call options now trading at $.60 in one day. I do...
