I wouldn’t say that volatility is high, but it is higher than what we’ve grown accustomed to over the past few months.
Tesla has earnings coming up and the animal spirits are out.
Traders do not have patience. They are willing to pay a high number to own call options, and put options as well.
So we’re taking advantage of their poor spending habits and happily accepting their donations.
Look at this mess. Can you find me a messier stock? [Read more…]