Friday ended like much of the week with another wild ride up and then down.

I promised to make one lotto expiry trade and I did ---- buying the $185.5 weekly puts for $.31 or $217.   When the fade began after lunch I decided to salvage what was left at $.12 for $84 and a -$133 loss.   The option ended up going over $.60 an hour later for what would have been a double or $200 profit,  which highlights the difficulty trading out of the money stock options with a short time duration.

UPB Morning Market Video - $TSLA $SPY $BTH $TLT $AMZN $NFLX

As $TSLA nears support I am looking to enter CALL options in anticipation of a nice recovery after selling off from the all time highs.