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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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Can You Catch Ford Struggling On A Thursday After A week of Negative Talk About Excess EV Inventory? Then there Was News

First the five day chart and a Thursday morning early trading chart. Timing is everything.
Is a jump upwards by tomorrow possible or a slight rebound in the next few hours or into the early afternoon? It's really the next ninety minutes of trading which could be a sweet spot.
To be continued. It's now just after 11:30 a.m. Can you see the bid and ask are up?
Now Ford around 1:52 p.m. The market is softening up. Now would be a good time to get out and call it a day.
In at .21 and out at .28. Do it on a trade size of 50, 75 or 100 contracts. It's not much of a gain however its a gain in U.S. money and it was a play on an oversold morning situation. A lagging stock in a strong market. There were small spikes around noon as news came out.
We will check back later to see what happened to this series on the closing. Hanging onto these Calls going into the last day of trading is not a smart thing to do.
Look at how wide the bid and ask are now at the closing. The market makers are trying to give themselves some protection in case the markets pop on the Friday opening. Anything could happen tomorow. **** Payroll numbers came out on Friday morning. The markets are up. Anyone with guts who banked on an opening rally in the Ford Call options we where watching did well.
Also note a low on the opening of .18 cents. What's that all about? Someone had an order in for a premarket trade. That's a topic for another day.+++++++++ Now let's jump ahead to the end of the trading session on the following week. It's Monday was a holiday.
Same old game and Ford has only moved ten cents on week! That explains why the option interest numbers are down by half. Fewer traders than last week are thinking about Calls.

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