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Showing posts from October, 2021

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Avis Budget. A New Turn In The Road

I blogged about this one the day before. Here is todays action at 11:a.m.. The stock took a massive hit. Is the short squeeze unwinding? Let's move onto Thursday morning. That's a drop of over 400 dollars in two trading sessions. Now a look at these two series of Puts at 11:00 A.M. on Thursday morning. Look at the volume of trading in the second series shown. ... So many questions can now be asked? Is this a "catching a falling knife syndrome? Is this stock going back down to the $100.00 like it was trading at last month? Might it now catch a slight rebound? If you just made in the last two days like $50,000 playing the Puts starting with $5,000 would you now risk like $5,000 again and throw it back into tomorrow's expiring $255.00 Calls? Thousands of traders are now glued to their chairs watching this unprecedented action. Might you buy next week's out 255 Call series? To help better put this into perspective here is it's one year chart. Thursdays at n...
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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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