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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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Tesla. One Day Calls On A Day the DJI Jumped Over Four Hundred Points On A Friday

Call it window dressing. It was the last day of the first quarter of the year. I forgot how that works. Institutions sometime collectively bid up the stocks that they are invested in a last minute attempt to dust upwards their quarterly performances. Look at the one day Telsa Calls. They jumped a touch on the opening. Even after they jumped on the opening it wasn't to late to get in.
Then what?
At 9:54 a.m. the 200.00 series of Telsa Calls were trading at $1.14 per contract. Over seventy thousand contracts had traded. Now look at the chart of how Telsa traded on the entire day. It kept going up.
Now guess what they closed at and look at the increase in the volume traded.
How good is your memory? Use this tip every March 31th going forward. It might make you a couple of thousand dollars. Three final comments. 1)
Tesla for now is the king of building electric vehicles. How can the small guys make money in this new industry? It's hard. 2) You can't randomly expect to purchase random Call options on Tesla every Friday and expect to make money everytime. Here is a trade I made a week ago on Tesla trying this same strategy and I lost.
3) Read the second blog I ever posted on this site back on Sept 23nd 2019. It was about trading Tesla three different times on a Friday as it blasted upwards in price. Tesla Calls on a Friday should rank as being about a number "7" on a current options players list of top ten strategies. 4)****** An April 15th update. I want to mention one this that makes trading on Telsa so unique. It has to do with the bids and asks.
There is only a three cent spread between the bid and ask. That makes getting in and out so much easlier.

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