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Showing posts from December, 2021

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Snowflake Option Action On A Friday Morning.

Here is it's story. .... What a move it had yesterday followed by another upward move today. Here is how the D.J.I.A is trading at 10:45 a.m. Are the Calls or the Puts going to win on the day? ..... Notice the open interest in the Calls far exceeds the action in the Puts. That's almost always the way it is. What do you think is going to happen?

Ford's Largest One Day Share Price of The Year - Or Santa Claus Came Early.

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Ok, so yesterday, a Thursday I looked at Ford because management was in the news saying they are going to stop taking more preorders on their upcoming F150 electric truck. They have too many orders. They were also saying look out world - we are going electric. V.W. and Toyota were also making similiar claims. Here is a look at Ford at 12:11 p.m. today. At noon Ford was up 5.6% and their short term options which expire today were up ten fold. Stocks the size of Ford seldom jump that much in one morning. Why didn't lightbulbs go off in my head yesterday saying lets take a flyer on Ford Call options for tomorrow with one day's trading life left in them? That would be the Dec 10th 20 Calls. As you can see, the 20 Calls this morning went from .06 or six dollars a contract to .61 or sixty one dollars a contract at noon! Then looked at how they ended up the day. A .06 or six dollar contract would be worth one hundred and forty three dollars! A six hundred dollar investment would be ...