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Can You Play One Day Options On Stocks In The Two and Three Dollar Range?

Why would you want to? Well consider this. Big Bear Ai. It's a $3.00 per share stock. Could Call options on this stock that expire tomorrow double in price on the opening? This stock was running hot earlier this year and was at that time trading massive of shares. It now seems to be out of favor. Now this. On Thursday it's Calls that expire on Friday closed at $.05 after hitting a high of $.10 on the day. $.05 is $5.00 dollars a contract. Ten contracts would cost you $50.00. So what happened on Friday's opening? Here is what happened. More than a double! After checking the proof of it more than doubling below I am going to show you how Hertz Calls closed on Tuesday. Look at this unusual chart. It's the kind of chart which can jump upwards on the opening. It's now Friday morning. Remember the closing price yesterday on Hertz's next week out Call options? They closed at $.28. Here they are now! Ths time the chart told the story this could happen! One day opt...

A Four Minute Intro to Nio

Last week Ford was the second most active stock traded on the NYSE by share volume. It closed at $17.83, down 1.2% on the week. Nio was the fourth most active stock traded on the NYSE by share volume.That's an accomplishment in itself. It closed at $20.94 down 9.8%. Here is a picture of one of the electric cars it races. It is the fastest electric car in the world.
Here now is some company news.
Now let's look at it's trading history starting with a three year chart and followed by a one year chart and then finally a one week chart.
Might this stock, and Ford start to rebound back up in the first quarter of this year? It's chart isn't particularly attractive but the story behind the chart seems to be good. The stock's price got ahead of itself. I will be tracking the Call and Put options on it this week. *** I am not a fan of purchasing Calls or Puts with one week to go on stocks in the 20 price range. The premiums are to high with only five trading days to go. Tuesdays or Wednesdays are usually better to play the swings in conjunction with what the indexes are doing. Here now is a look at the Nio 20 series of Calls and Nio 20 series of Puts going into the opening on Monday morning. When playing these options one should be looking for short term swings and the near constant danger is that the stock might move a dollar putting you in a position which then goes offside and then never comes back again.
The liquidity in these options is excellent. A Monday update. It's up.
Now here is how the stock end the day (a Monday) and here is a look at the twenty series of Calls and Puts.
The Calls doubled in price in one day and the Puts lost 2/3ths of their value. All on a down day. This is the action that I am talking about.

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