Dow Jones Finally Closed Positive

• I have decided to only do one paragraph summary of the market and the rest of what I saw as being great option trades. The Dow Jones ended its losing streak lead by Exon, Chevron, McDonald's, United Healthcare, Verizon and even Boeing got in on the action. Oil took the headlines on Friday with the big Opec meeting where they discussed shrinking increased production. It doesn't make sense to me either, but it drove oil stocks up. 
• Tech stocks opened higher and quickly went down. Put options were the best to own for the first hour of trading on Friday. I bought Put options on Tesla with a strike price of 340 and sold them too quickly as Tesla went down past 335, popped up to 340 and fell further down to 332. 
• Alphabet (GOOGL) opened above 1171 and went up to 1175 before coming straight down where it bottomed at 1160 (1159 and change) which is where I bought Call options with a strike price of 1165. I noticed that the stochastic indicators for 1 and 5 minutes showed it was poised to go up. It showed some resistence at 1166, but ended up going up to 1174.98 and going down from there. Once again, the range on Alphabet on Friday is typically dertermined in the first 15 minutes. The turn around time almost every Friday is 10:45am. I bought my Calls around 10:40am and clearly sold them too soon.
• I took advantage of Home Depot as I notice it typically goes up Thursday afternoon and Friday morning. It looked a little hot on Thursday afternoon so I was expecting it to go down. It went down to 199.20 and took off to the upside. I prefer to buy Call options at least one week out when day trading a lower cost stock like Home Depot so I bought 10 HD Calls with a strike price of 200 set to expire next week. It did take off and went to 200.50 when it quickly changed direction. I sold my Calls at that point for a $400 profit.
• Next week is the end of the quarter and I expect to see the banks run up starting on Monday as they are far too low. When you follow a stock to trade, you want to follow its cousin to a point to give you indications of what to expect in your stock. Amazon ended down hard which indicated that Google might have more to go down on Monday.

Dow Up, Nasdaq Down!!!

Boeing broke through for another new high at open and then went down and didn't come up for air much today.

Home Depot led the Dow Jones Industrial Average on Thursday as it ran up until 10:50am then fell sharply, but did end the day higher. I would expect to see more of the same on Friday. Verizon also made a nice more up today to break through 49.

Tesla broke out to 328 and fell for most of the day after that. It would have been a good day to buy a Put Option on them around 10am. Every day there is more news of another crash involving a Tesla, so I would not be surprised to see them dip again through Tuesday. The pressure will be on for Tesla to deliver results by the end of the month when Elon Musk says they are going to produce 5,000 cars in the last week of June.

Amazon, Alphabet and most other tech stocks sold off sharply today. This appears to be typical trend after so many hit new highs. I would expect this to continue through Tuesday. Buying Puts on Friday and Monday might be best. 

Banks sold off also today after starting the day up. They still finished up, but marginally.