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G.M. at 1:07 P.M. On Tuesday After A Big Jump Last Week

First the five day chart. For this chart to have more impact let's look at it back to the day it really jumped. Is this good news substainable? Here now is it's 1:07 pm Tuesday look at the action. It's moving up again. Here is what the D.J.I.A. is doing. Now this the Puts at 1:06 p.m. These are the 70 series of Puts which expire this Friday. Today is Tuesday. The volume in them is next to nothing. G.M. is going up. It seems kind of stupid to be thinking about them going down. Yet a lot can happen in three days. Here is how they closed the day. Here are other "out-of-the-money" Puts. Let's watch and see what happens. Let's start with the 68 series on Wednesday at the close. They held their ground as G.M. was off a touch. What about the 67 series? Not much different but the time value is becoming more of a concern. Yet a two dollar drop would do wonders. Now the 66 series of Puts. A stong upwards opening on the stock tomorrow will wipe these ones o...
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Ford - An Earning Report

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Ford is going electric, that's the buzz. We all know the story. Earnings just came out on the stock and the Call options jumped on the opening. If you were playing options you had to get out just after the opening. With option plays on earning reports that's usually the way to best way play them. First, I will show the prior day's action. There was a gap down on the opening and 94 million shares traded. That's a large number. People were cashing out after recent good times. Now here is a chart of Ford the next day and here is how two option series traded. Buy in at the close and sell out just after the opening. Look at how high each series traded up to just after the opening. The earning numbers were not all that great but it's the buzz about going electric. Ford is one of the better stocks out there to play earning report releases. ** Scroll up to the upper left and read my most recent blog on MacDonald's earning report.
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McDonald's And An Earnings Report

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I was sitting in the drive through line yesterday at McDonalds redeeming a free coffee sticker won from being there a few days prior. It was a long line up for mid-afternoon. I am not a fast food junkie. I found myself thinking of how the Domino Pizza stock was on a terror for much of last year but not so much now. When we were all locked in last year everyone was ordering their pizza. I was also wondered if they would now accept my little free coffee sticker as it was only thumbnail size. Then when I pulled up to the drive thru window I hit a patch of bees. Apparently for whatever reason they were enjoying being at that window. They gave me my free coffee. Boy it was busy there. I note in this option series that there were only 292 open contracts. That small number suprises me. Why didn't more option players see this coming?
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