In recent months Lucid has being down however on days when it goes up it does so nicely. Look at the high volume on this stock today, a Wednesday with the markets to be closed this Friday.
Now look at what the markets did today and look at what the Call options did today. Look at how the stock broke out to the upside just after 11:00 a.m. You could see that coming.
Look at the open interest and look at the volume of trading in these slightly "out-of-the-money" options. It's about ten times higher than the volume of trading on the options with a striking price of only fifty cents lower. Do you understand why? Professional traders do. What an opportunity to crank out big wins. Not everyday is like this. Lucid has suddenly become a "GO TO" stock to use on days when are markets are hot. Now a look at what happened the next day on April 14th. This will be the last trading day of the week as tomorrow is Good Friday. Both of these two series of Call options popped up considerably more on the opening only then to tank. Here is how these two same series of Call options were trading around 11:15 a.m. in the morning.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSWzC2varSwdBnTgrbazd6-WnYHMFz-uTk8HDAfg2rsLi-h4XQyNR0OaNGcvn0nnbP5wx8fxaDLdvtpaRqCsDcxbjyUT5aa4pE90VImsXjZPtcwNj5GXECNIdabuKjUgOmIcT7t0v1nDOt266VUpkL1O1woMJz2bB_8cjoVrabSu1DdJsLgOmgX9rP/s1600/april14th2050lucidcalls.JPG)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9ccRbufbbrz7uOIVmG1OwYKDL_uYl3ocNfDnRUqqfeuDETfycj1qrGkbUzR_b9NYTl35DyHOMUSmEzOLEEEnUB8M4qh5KCU68sRWZfpd72VX-T7MMnus27UY9NShINPnSllhJMSEJiUqNg2SV7h_0DlgHE9XXBIcDXvxajgNRjhwXjiIIlaqHAaGL/s1600/april1421lucidcalls.JPG)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiD1xu3XLh-wE7vIDTbehbdxumqJ0L__Cl983pqjXxxmmrWbyWlmfWJ3lhN0EZAc2_2VV2qY0zd1i8Tj08B8C7nYE7Rw2yAA6e181A1SnrxF_uwrKd_H5cBSKZHJobFkbnXzdwWhcpnR7Bsr3XFx1WR-HTCrtJoqwgsRnIyxIlknFIjVcybfkzL5dMx/s1600/april%2014th.JPG)
What is most amazing is the open interest in both of these series at the start of the day. All of Wednesday's fast money was cashed out, not wanting to risk being stuck in these Calls on the last trading day of their life. I NOTE IT IS WORTH READING THIS BLOG OVER AGAIN LIKE THREE TIMES TO GET A GRASP ON THE INTRACIES OF EVERYTHING THAT JUST HAPPENED HERE. *** Now continued, April 18, a Monday. Here is what happened' starting with a five day chart and then a one day chart. It's down another one dollar again.There is a lawsuit happening. Interesting stuff, it"s a buppy ride.
Lawsuits are lawsuits. Lawyers like to stir the pot. The point is, catch this stock when you can on days with strong upticks.
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