Towards Understanding Tesla Calls.
First, forget everything you know about Tesla's current state of operational history. Forget their news about their new factory in Germany, their new models and how many kids fifty four year old fellow named Elon Musk has. Focus on the moment. In this case it's a Thursday afternooon and we are looking at options Tesla it that expire the very next day. The interesting thing in this situation is that we are catching Tesla trading flat on the day. THAT IS UNCOMMON. It has maintained for the last 2.5 hours a slight predisposition to the upside. Now this as we approach 1:00 p.m.. $4.70 for the Calls shown below. They are just slightly "in-the-money". That seems somewhat pricey. The Puts also a tad so. Yet wait, the stock can go up or down ten or fifteen dollars in any day. It often does. Now these two printouts twenty-two minutes later. $465.00 is now $655.00! Let's now focus at this chart at...