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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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Walmart Shines on Earnings Reports

Look at this chart.
It's the five day chart on Walmart leading into this morning's opening bell. Walmart releases it's second quarter eanings report before the opening bell. But wait, look at this chart.This wasn't that long ago. Walmart at times can stumble. Do consumers, hit by inflation have money to spend?
Now also look at this one.
My point is that if you guess the wrong way on Walmart you will get burnt. So now how are the cards stacked up this morning waiting for this earnings report? Here is a look at two close to the money Calls and Puts.
So here is what happened about twenty minutes after the opening bell.
The Puts got obliterated. The real winners were all the Call option purchasers who got in a few days ago. Here is how this option series closed the day.
Why did happen this way? In a way Walmart's results act as a barometer of how the U.S. economy is doing. It's mainstream in a different way than Costco. Opportunities to make a judgement call like this happen four times a year.

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