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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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Fun With Numbers. A Stock Named "Super Micro".

Stocks trading in the $1,000 per share price range will have options trading on them. What happens to "one-day-to-go" Put options on a $1,000 priced stock that suddenly drops to $800.00 in price in one day? Case in point is a stock called "Super Micro" and it is an A.I. play. The answer to this question is at the bottom of this blog. What I am about to show you happened on Friday February 16th. It was such an obscure situation it wasn't really playable.
This isn't the kind of stuff I follow however I just want to show you how extreme option trading can sometimes be. This was an option series which was $50.00 "out-of-the-money" at the start of the day. Look at how like 10,000 contracts traded on it in just that one day!
The Put option jumped up 1,886 % in one day! That doesn't happen very often. A contract trading at the low of the day at $181.00 went to a high of $14,877.00 .

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