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Autonomous Air Taxis Or "eVTOLs"

These are not new companies and these companies are know to beat their own drums. Making money is not a short term mandate. Look at the three I am mentioning. Now their three month charts. When one company has good news it tends to be a victory for all three companies. ............. I often talk about how exciting it is to play options on stocks in the five and ten dollar range. Here are three examples. But first what are the markets doing at 2:10 p.m. on a Monday? They are down. Here is this week's "end-of-the-week" Call options on Acher. Now unusual Machines and Joby. All of these option series were caught off guard. In all fairness trying to catch moves on these stocks with a one week time frame is a losing game. The thirty day time frame is more appropriate. Spend some time reading about all three of these companies. Stocks in this price range are somewhat speculative however all three of these companies are working on creating avaition history. On a d...
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Turn Around Situations On A Tuesday - Walmart

First of all I don't really like playing one week options on stocks on a Tuesday. I would rather wait until Wednesday and look for a mid-week reset in the markets. That said, Walmart's one hour sell off on a Tuesday morning kind of tweaked my interest. Let's follow this together a see what happens.
One observation. Look at the volume of trading in the lowest series of call, the 90 series. They are the ones to stand to gain the most in any mini-short-term uptick. Yet then again, maybe the stock will continue to go lower. Here is it's five day chart as of seventeen minutes earlier.
Now the indexes.
Now a few minutes later at 11:02 a.m.
Now the same three series of Call options starting with the lowest striking priced options and the ones with the lowest trading volume.
A bid of $1.01-$1.08 has now jumped to $1.22 to $1.29. Doing the math on the higher two series offers equally as impressive gains.
Purchasing on contracts sizes of 10 or 20 could eke out small gains. This kind of stuff goes on all the time. The danger of this is of course that this rebound could quickly "Peter out". I would rather do it on a Wednesday to try and catch a mid week turnaround rally. I will show you the end of day closing readouts later. The action at 3:00 p.m..
At this point in time I would get out and just call it a day.
Notice now the sideward trend kicking into the afternoon trading. Short term option traders need not play these choppy sideways markets. Proof of this is shown in these following three readings.
Notice the wide "bid" and "ask" in the 90 series of Calls at the close?. Why is this? Well the option makers are giving themselves protection from what the morning opening bell might bring. Who needs to be part of this indecisiveness? The next two series of options also closed weak.
Who wants to be a daytrader? The DJIA closed down the day 178 points.

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