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Two Hour End Of Week Option Trading On Tesla

I didn't catch it but it was there for the taking. Options on Tesla are one of the world's most actively traded options. Tens of thousands of these contracts trade everyday. It's best to trade them using only recently made profits. At 1:20 p.m. Tesla was trading at $366.00 and then forty two minutes later it was trading at $360.05 That's a $5.95 drop. It's one day chart shows us that move however it is barely noticeable. It had larger drops than that earlier in the day. Here is it's five day and one day charts. Here is a better one day chart. It's drop starting around 1:20 p.m. is more noticeable with this chart. The Call and Put options expire at 3:00 p.m.. Now this. This chart shows us the timing that these Puts jumped in price. So here is a question. Who is going to be stupid enough to be playing around with Tesla Puts that expire in less than two hours? The answer is traders clued to their computer screens watching these options go from $1.00 to $1.25 ...
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An Introduction

My name is Peter and about 45 years ago I did a short gig as a “Merrill Lynch” broker. Prior to that gig I worked for a well known Canadian brokerage firm that had a fancy office on the 55 th floor of a downtown Toronto building. They took the whole floor. In essence they were a "boiler room" operation (which I think they first started in the 1930's) which focused on mostly penny mining stocks. I did not fit in well. I was to busy watching and trading Exxon options and also watching the back office skim money off of any of my profitable trades I made for myself or any of my clients. Well they didn't skim it off at that Toronto office that I know of however they did at another office in another town I asked to be transferred to. Things were different back then. I now work in an unrelated profession and oddly enough still have the designation of being a broker. I still have a passion for option trading. I like Fridays for trading "one-day" options that will be expiring. Six of my favourite stocks to now trade options on are Caterpillar, Ford, Exxon, Deere, Tesla and Boeing. I watch other stocks in the five and ten dollar range that also have options on them. I missed the 2025 gold run. There are times when I will take a week off from watching the market, knowing that I will be not be handicapped when I return to the action. I don't play options if I am away on holidays. Trading in Australia in a tent in a traller park at 4:00 a.m. during a rain storm with a flickering power source and then waking up tired doesn't work for me. I need to be on more of a routine to play options. Donald Trump has in some ways helped to make option trading easier. He says things which don't make sense. Let me now share with you some of the things I see happening in the markets. I am hoping some readers might enjoy reading something a little bit different. Happy option trading.

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