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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.

Earning Season News.Two Powerful Earning Releases On The Same Day

Option traders wait for days like this. Earning reports can cause stocks to spike. Let's look at Boeing and General Dynamics Corp.. First Boeing. Here is it's news.
The company can't build planes fast enough. The stock surged on the opening only to have opportunistic traders take some of the wind out of their sails. There was a lot of details to absorb in a short period of time causing the stock to quiver. Sometimes Boeing can jump 15 dollars on good earning reports. Now look at this one day chart.
The lesson here is to take profits on the opening. Period. Things re not totally smooth sailing with Boeing. Taking profits and buying back in on the morning dip and selling out into the ensuing rally would really require luck. Next General Dynamics Corp.. Guess what? We are living in world of serious wars. Business has to be good for this company.
The details of how they are doing is not that important. Wars are good for General Dynamics and with the markets taking a grubbing as of late, good earning reports can cause a stock to shine. P.S. Stay away this quarter from playing the earning reports on stocks in the automotive industry. There is too much negativity in the air right now.

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