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Rivian. History Repeats Itself

Back on June 26th 2024 I posted a blog about V.W. injecting $5 billion dollars in Rivian. That's a fair chunk of money. Here are two clips borrowed from that blog. .... Rivian jumped on that news. It now has a future. Now look directly below at how it traded two days later. The good news from this event quickly dissipated. Now guess what? Look at what happened this week. There was a Rivian "good news" event again. Now here is how the stock performed this week on this news. Jumping into buying Puts on this news with two days of life left in them would have been the way to play it. Here is how two series of Rivian Puts traded on Friday. (For interest sake only, here is Rivian's three year chart. It has it's ups and downs). For the most part, Rivian is not a fun stock to play options on. That's a comment I often make about playing stocks in the $15.00 range. **** History doesn't repeat itself when it comes to where our readership is coming from. This i...

Ford - An Earning Report

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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