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"One Day" Expiring Call Options on Tesla And Why It's So Easy To Get Caught Trading It The Wrong Way.

Let's start with a five day chart on Friday morning. Tesla on todays opening is tradng flat. Is that good or bad if your'e looking for a buy in situation. Doesn't a flat opening tell you to stay away? O.K. stay away and come back to it a lunchtime. Now this. Here we are at noon. Nothing much has changed. Well you could have made good money if you bought Puts around 9:45 a.m. and got out around 11:00 a.m.. What do you think is going happen next? Go up, down or not do anything in the next couple of hours. The deadline to get out is at 3:00 p.m.. Do you have the desire to try this? But first, here is how what the DJIA index is doing.. What now really needs to happen is to have the DJIA index kick up to help drag everything up. That's what happened yesterday to Tesla as the indexes gained about 165 points on 36 minutes. Let me quickly show you how yesterday's Calls jumped. That's the kind of movement Tesla is known for. Now let's get back to today's ...

A Canadian Company Up 68% In One Day

Canopy Growth. It's one year and one day chart.
Now it's five day chart.
What's going on? Well let's start with why it surged last August.
So now what? Why did it pop this time? Well this time, like last time many of the stocks in the marijuanas space popped. Look at the last Fridays action in these other matijuana stocks.
Here is the news this time. Many sources talk about it in different way.
Now this.
So this kind of paints the picture of what is happening. Canadian companies have kind of got the jump on growing techniques after burning through billions of dollars in startup capital. Now they are all of on a mission to expand their footprints overseas. Skeptics of the industry who have witnessed these surges in this group of stocks might now tout this as being a good time to sell. Afterall there are millions and millions of outstanding shares and the daily volumes traded are at time quite insignificant.These are difficult stocks to play and even more difficult to play are options on them. Watching this segment of the market can be exhausting experience. A March 30th update. Look at how these stocks are trading one week later after this surge.
These numbers are diffcult to read so I will print them out. Sundial up another $.25, Canopy Growth up $.96, Village Farms up $1.03, Curaleaf up $.03, Tilray up $.16, and Aurora down $.67. Let the better times roll. **** To put things into perspective look at some of these ten year charts. Timing is everything. Look at the volumes of trading coming back into some of these stocks. What do you think is going to happen next?
More news, April 3th.

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