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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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Electric Vehicles - A Race

Back on January 8th I wrote a blog called "Dreaming Electic Cars". In it I mentioned the electric car company called Polestar. Here I am again on this topic. Countries like Norway and Denmark are miles ahead of us when it comes to North American new electric vehicles sales. The percentage of electric vehicle sales in these two countries is appoaching the 60% mark. Here once again is news on Polestar which trades under the name "Gores Guggenheim" It's price is little changed from my January 8th blog.
The second company is Sono Group N.V.. It is based in Norway and early investors in have not done well.
Now here is a chart showing the stocks price.
It is noted that it needs 301 million dollars in additional funding to get things up and running and if all or some of this money comes from the issuance new stock, that would put a lid on this stock moving up in price in the near term. Yet wait, they just reported their first ever profit. It's being a long wait.
Finally, I would like to reiterate more comments about the Chinese electric car company called Nio Inc.. I have mentioned this company before. A week ago it was number two on the NYSE most active list and it was up 10.1% on the week. They are also selling their electric cars in Norway. It frequently makes the most actively traded list. Here is it's one year chart followed by it's five year chart. One of the current worries is that Chinese companies might be delisted from the American exchanges because of their lack of accounting transparencies.
It's this last chart, the five year chart that stirs at the hearts of futuristic thinkers. Might it rebound back up in price again? Nio Calls and Puts might prevent you from sleeping at nights. There is so much to watch in this electric vehicle space. As a further note of interest Nio on the trading week ending April 23 ended up as the 5th highest trading stock by share volume on the NYSE most active list and Sono (SEV) on the same week ended up as the 4th highest NASDAQ biggest % mover. All eyes are now focused on start up electric vehicles. To end this, then there is Vinfast. It's stock is not traded on any North American exchanges.
A May 2nd update.
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