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Showing posts from October, 2021

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Options On One Dollar Stocks - 0ne Specific Reason

Kind of a dumb topic however it's real life unfolding as we speak. How is a little marijuana company named Canopy Growth doing and what might change in the companies near term future? Here is a chart of it's stock price. I don't need to ask Ai what the challenges are for a company like this going forward. Here are two or three big ones. A company can't keep going on operating if it keeps losing money. Others in the same industry may be feeling the same pressures. If it also has an overeseas operation which was meant to bring in money and it is not That's another concern. What are they learning from the experience? Are new opportunities opening up? Once again it's a learning curve for everyone, including even people like watching it from the sidelines. I don't follow it all that closely but it's fair to say they are in challenging times. Now this, a look at it's one dollar Call options that expire in January 2027. That's a long time away. Why wo...

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.

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?