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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.

A Monday Morning Let's Start Off The Week Blog. Boeing

Boeing had a rough week last week. It was down $13.59. What a precipitous slide. Now here is a 11:00 A.M. look at one series of Call options that expire this week. These are not the brightest of options to be considering. Hoping for a Monday morning bounce could be only wishful thinking.
Now here is it's morning trading chart and it's five day chart. Look at how the stock went down all last week.
Tuesday was a touch better. Look at the 30 day chart. Could this be the start of a rebound? Probably not. The chart looks ugly.
Now the one day chart and how the markets closed. This chart is now starting to look like the Boeing we know.
A tough start to the week and Wednedays are often days of reversals. Not this time.
Thursday. It offered a chance to get out in the morning and after that the nervousness of holding onto a postion going into a Friday morning spooked option traders. The stock only end up $.03 cents on the day.
This chart better illustrates the hour-to-hour trading volumes and prices.These Calls opened down and quickly shot back up again.
Friday saw the markets sell off.
Here is what Boeing did on the day.
The Boeing Calls only offered one chance to get out.
It wasn't much fun to be playing Boeing Calls. Here is how it's five day chart ended up looking.
It was another tough week in the markets. Closing points. Wednesdays can offer reversals and Thursday afternoons can be a trap.

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