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Showing posts from December, 2021

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Five Dollar Options. Hertz

First a year-to-date-chart and a three month chart. The three-month-chart looks slightly better. In the last couple of weeks it hasn't done very much. It did have a big jump about six weeks ago. What do I know about this company? Nothing much but the car rental business could be kind of slow because fewer tourists are visiting the U.S. and with all of the U.S. governments slashing of services fewer government employees are using car rentals services. That plus there was a big mix up a liitle while back where Hertz went all in on Tesla vehicles and ended up dumping them and taking a bath. Now this. On a different note Carvana jumped $48.21 today. The used car market seems to soldier on with some people buying used rather than new because everything costs so much. Used car prices still remain high. So here is the deal. This stock could jump up but who knows when. Here is the five series of Hertz Calls which expires this Friday. These options don't buy you enough time. They ar...

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 ...