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Living on Kraft Dinner?

What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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The Corporate Update Conference Call - Electrameccanica

To listen to this call anytime in the next next few days before they take it down. Call 1-844-512-2921 and use this pin number 13724898. Electrameccanica is a Vancouver based company is now building an electric three wheeled vehicle called Solo. They are currently on display at the Los Angeles Auto Show to help build brand awareness. The company now has capacity to build 20,000 vehicles per year in China and plans to build that many more a month also here in in Arizona. Will they sell? Yes. Priced from $18,500. One model is a cargo carrying designed vehicle. What a great way get small packages moved across the city. At top speed of 80 m.p.g., a one hundred mile range and a warranty for 20,000 miles. They will sell for many reasons.They would be fun to drive. The companies working capital now is $238 million and zero debt. Any hicups? Cash flow perhaps. They still have a big way to go. Here are my comments on the conference call. The questions at the end of the call were from no name analysist and very few brokerage companies follow the stock. October sales were only 28 units. Why are sales numbers so low. Isn't that the name of the game? One quick comment comment was made about how many months they can survive before they will need more money. The stocks performance has being a disappointment over the last few years. The problems will be in the cost of ramping up production. One other Canadian company in the electic vehicle space is Quebec based company called Lion Electric Company (LEV) who are having problems in this regard. Here now is a five year chart of Solo.
If you check out the options on this stock you will see that no one is playing them. This stock it's not worth buying until they can get some traction.

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Living on Kraft Dinner?

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What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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