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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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Rivian

What does it mean when someone dumps 875,000 shares of Rivian at 3:59:59 p.m. at $13:45? That's a twelve million dollar ticket.That happened yesterday after the stock sputtered around all day on low volumes of trading. (It usually trades about 26 million shares a day so the 875,000 share ticket may not be all that unusual).
That was calculated timing, perhaps computer programmed selling. Would that send off shock waves on it's following mornings trading. Not really.
Look at what happened in the first minute of the opening trading the next day. A block of 275,017 shares traded at 9:30:59 a.m. at $13:71. What does this point out? First, it might point out how computerized trading triggers trades to happen in the last second of the first minute of trading in any new session. How you can profit from that observation is something you will have to figure out on your own. It also points out how infinitesimally inconsequential all of the retail option trading is. Your purchase of five Calls on Boeing that expire this Friday is as significant as a fly landing on the back of a horse. It also points out the efficiencies of the markets. So the next question is how can the little guys make money playing options when the system with it's computerized buy and sell programs is as tight as it is? In some ways retail option traders should find some assurances in the markets having this much depth. For example, from my experience the market makers can not mess around with buy and sell orders going in "at market" at 3:59:57 or 3:59:58 p.m. That's a good thing. Happy trading.

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