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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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Caterpillar, John Deere and Boeing. A Shakeout This Week.

Let's start with their one week charts.
A bad week to be playing Call options. Tomorrow Friday is a holiday so this weeks options expired today. Here is how Boeing traded on the day.
A reward for traders who were glued to their screens all week. Look at how at around 1:00 p.m. the 210 Calls and 212.50 "out-of-the-money" Calls popped.
In around 11:30 a.m. at .11 cents and out at 1:30 p.m. at $2.40. The 212.50 Calls were even more extreme. In at 11:30 a.m. for one dollar a contract and out at sixty-five dollars a contract.
Look at the Call volume. If you were glued to watching Boeing at that particular time you could have caught some of this action. In contrast look at this. Look at how the Caterpillar Calls were trading around 2:00 p.m. in the afternoon. Options on the last day of week that are expired have the rule that you must be out at 3:00 p.m. and not 4:00 p.m. Look at this one day chart at that particular time period.
Now look at this.
An open interest of only 37 contracts going into the day when often times that number is like 5,000. Caterpillar got grubbled all week and few traders were willing to play the upside. Here is how these Calls closed out the day and first here is how the D.J.I. closed out the day. Up 2 points.
Here it is. There was a bit of a rally from 2:06 p.m.to 2:30 p.m. and the above Calls would have went up about 75%. Ultimately however they ended up expiring worthless as also shown below.
Boeing was the trade of the day. Boeing has a constant stream on news being pumped out in contrast to Caterpillar and John Deere. It's the best of these three companies to be playing at times like this, hoping for needed good news.

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