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Walmart And Costco

It's Thursday morning on January 8th. Walmart opened down. But look at how Costco opened up. This time I am showing it's five day chart. A first, no one really new why but then news like below surfaced. I was also searching for the news as I knew something had to be up. At one point in the morning Costco was up over $40.00. So Walmart is dropping and Costco is really shooting up. At some point Walmart has to turn around to catch some of this positive spinoff. Look at how the 100 series of Call options on Walmart shifted gears at 10:00 a.m.. Do these two stocks always trade in harmony with each other? Obviously not but there comes a time when some sort of a cause-and- effect becomes apparent. At exactly 10:00 a.m. this morning there was a realization that Walmart had to change it's direction to stay in tune with what it's big brother Costco was doing. At that time the 110 series of Calls which would be expiring the next day traded down to $90.00 per contract. Now...
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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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