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Autonomous Air Taxis Or "eVTOLs"

These are not new companies and these companies are know to beat their own drums. Making money is not a short term mandate. Look at the three I am mentioning. Now their three month charts. When one company has good news it tends to be a victory for all three companies. ............. I often talk about how exciting it is to play options on stocks in the five and ten dollar range. Here are three examples. But first what are the markets doing at 2:10 p.m. on a Monday? They are down. Here is this week's "end-of-the-week" Call options on Acher. Now unusual Machines and Joby. All of these option series were caught off guard. In all fairness trying to catch moves on these stocks with a one week time frame is a losing game. The thirty day time frame is more appropriate. Spend some time reading about all three of these companies. Stocks in this price range are somewhat speculative however all three of these companies are working on creating avaition history. On a d...
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Playing a Bounce After a Five Hundred and Forty Three Point Selloff

Yesterday we looked at the drug stock Moderna as the stock dropped eighteen dollars and twelve cents in one day on no real news and we were following two Call option series, one being "near-the-money" and one being "out-of-money". Today the market dropped another big chunk.
Stay away correct? Well kind of. If a stock drops eighteen dollars on one day and if most stocks had large losses what might you consider at do at 3:59:52 p.m. on the day of this fall? You might consider buying "in-the-money" Calls waiting for an uptick on the opening. We talked about the 185 Calls and the 200 series of Calls. The stock closed if you remember at $186.40. Why Moderna and not look at Calls on stocks which dropped by a lessor stock amount? Well eighteen dollars is enough of a drop to attract bargain hunters. Here is what happened on the opening today and here is how the 185 Calls looked in the early morning trading. The stocked bounced to over 190.00 in the first few minutes of trading after closing at $186.00 and look at how high the Calls traded up too.
They closed at $10.00 opened at $11.00 and went as high as $13.10. That was a trade. If the market had of rebounded it would have popped up more. Look at how the stock went on the trade on the remainer of the day.
Will the 175 Calls get a slight bounce on the opening tomorrow opening? A dead cat bounce? The answer is probably no as there is not much to get excited about on the upside at this point in time. There would have to be some good news for the industry. Something to cause some confidence to start to buy in.

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