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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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Nio Calls. Please Read My November 18th Blog First.

It happened again.
A little drop on a weak Monday morning opening and then a rocketblast upwards. I my last blog I called it exhausting.
All this action happened in the first thirty minutes of trading. Was it news related? No. The disemination of news can't happen that quickly. If you like playing short term dangerous options then watch this stock closely.
Here is it's end of day readout. Tomorrow the same craziness will start all over again.
A Nov30th update.
Now the entire day.
173 million shares traded on the day! Trying to play options on them with two days now to go would be tough. * A Friday review and a reason for all of this activity.
Remember this stock once traded much higher. *** A December 10th update. NIO was the NYSE most active share traded by share volume. It is one to watch.

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