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Tesla is Down About $20.00 In Pre-Markets On A Friday Morning After Losing About $20.00 On The Previous Day

Here it is. This is a somewhat unusual situation. What are we looking at? We are looking at Tesla's one day trading action yesterday which was a day when the markets had a big decline. We are also looking at the "bid and ask" on Tesla in the premarkets this morning which is a Friday. Yesterday's big decline is causing a scare. Will the stock keep falling? One thing we do know is that the stock is going to go up or down. How do you play it? Can you play it and why would you even want to try? A bid now of $383.60 and an ask of $383.70. These numbbers are premarket pricings far below the previous closing numbers. Really far below. If you look at the above chart you can see the price range that it closed in.Yes you can buy in the premarkets with the click of a button. I should be doing blogs about how it all works but really it's as simple as it sounds. It's unusual the spread it so tight making it in theory a good time to get a good fill on an "at market...

G.M. A Four Minute Read That Will Make You Smarter. Do You Have Four Minutes?

Well actually it's a six minute read if you also want to read about an interesting dangerous Ford Call trade. Read this. I talks about the big picture. Look a how much money is being tossed around.
Now ford. First it's five day cart.
What happened? Well good news just came out that is being interpreted as being bad news.
Now a look at the Call options that expire tommorrow Dec. 6th and next Friday Dec 13th.
It will be interesting to see how this situation turns out.**Ford dropped in the last minute of the trading session with over 5 million shares getting dumped in the last minute of trading.
Here is how the 10.5 series of Calls with one trading day left in them closed.
Tomorrow will be interesting.

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