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Friday One Day Option Trading Cut to The Chase

Let's start with Nvidia Puts on Friday March 15th, Over 55,000 contracts traded on this one series alone on the day.. ... The lows of the day happened when Nvidia was trading around $186.00 in the early morning. It was a smooth move downwards after that. Here is how the DJIA closed the day. 2) Number two on our list is Home Depot. It opened stronger on Friday morning however it closed the day totally flat. Here is how one series of it's Puts closed the day. Notice the spread between the near opening high and the low of the day. It like Nvidia sold off most of the day. 3) Tesla. One series of it's Put options traded over 45,000 contracts on the day. Other series may have traded more. It's chart like the two above was mostly down all day. .. 4) Apple is another stock that took a hit for over $5.00 on Friday. Here is how one series of it's Puts traded. 5) Caterpillar. In this case the big move down happened in the first hour of trading. So what is my point? Wel...

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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