Carvana - Short Term Options.
It's not an average day trading in the markets. Trumph creates suprises. Look at this printout. It's difficult to read however only Carvanna is down. It's down over $10.00. All of these companies trade in the same space with some slight difference as to what their business models are all about. Now look at Carvana's chart. . Now this. This series of Call options are down 52% on the opening. It's Thursday morning and these contracts expire tomorrow. Why would you even want to trade something this risky? One reason is that this is a "crooked-stock" that some traders follow. The company buys and sells cars and switchs numbers around to different controlling interests. With this stock anything can happen. It should come as no suprise that there very few option trader's willing to trade them. It's now 11:23 a.m. and nothing has changed much. These options are down 53% on the day. Now an "end-of-day" five day printout. Here is how the DJIA ...