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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.

Fun With Charts - Deere and Two Days To Go.

Here is it's five day chart Thursday morning at 10:00 a.m.. What a "see-saw". Now here is where the Calls and Puts on it that expire tomorrow are trading.
Now the Puts.
Here now is what the markets are doing.
So how do you play it? The DJI did drop over 300 points yesterday and Deere surived the day relatively unscathed. Well one comment I would like to make is that both of these series of options are cheap, thanks in part to it's the range bound chart formation. Yet the stock could explode up or down so this is one of those rare situations were buying one or more than one of each of them might be the way to go. Let's see what happens. An 11:00 a.m. update. The Calls and Puts.
Look at the spread between the bid and ask? Option makers know that when Deere starts to tank it tends to move quickly.The Puts turned out to be the real winners had you opted to play the downside.
Now look at how Deere closed out the day. First the five day chart.
Here are how the markets closed.
Deere really did nothing in a strong day. So now what? What's going to happen tommorow? It's earning report is not happening unit the 15th of this month. The Friday morning opening. Here is what happened.
Now here is how Deere closed out the day.
Now here is some information about at past Deere blog.
What do you think will happen with it's earnings report in a few weeks?

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