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Tesla And The Play Of The Week - An Easy Read.

Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the decade.
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Sunnier Days

The Dji index is down 500 points in one morning's session and it looks like some stocks might be looking for reasons to rebound. Look at Moderna, a drug stock and it's five day and one day chart as of 12:30 p.m. today. It's down sixteen dollars on the day.
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Here are a look at two series of Call options on it which expire at the end of the week.
What's now happening? Players are looking for swings. If Moderna was to gain back half of what it lost on the day in the next few hours then the Calls with the two hundred series striking price might rebound back up to three dollars. It's the two dollar options which are trading with more volumes. So option players are looking for a three hour afternoon rebound to make a gain of fifty percent on their investment. Fair is fair but think of all the speculators who bought in when the stock was five or ten dollars higher earlier this morning looking for a rebound. In the big scheme of things when the markets drop five hundred points in one morning and your sitting on the sidelines the best thing to do is wait for sunnier days. *** Part two. This morning Boeing continued to move up, following it's recent trend. Yet why is it going up if the rest of the market is crashing?
Boeing did finally decide to sell off in sympathy with the rest of the market as the above chart shows and at 1:10 p.m. here is what these Puts looked like. It's mid morning running out of steam did create a playable trade. I will recap both of these trading situations at the end of the trading session.
+++ The markets traded sideway all afternoon and never came back. No pop in Moderna and Boeing tried to rally but then gave it all up. That's why you kind of have to stay away on mornings it drops 500 points.
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