CAT Puts

First the stock price. Watch their videos. It's having a good day. Look at how it is trading on the opening. Who said money is flowing out of California? Put this stock on your watch list and sign up to get their notifications.**** Tuesday morning. A second wave of buying. In these upwinds another winner seems to be Mullen. Here is it's chart. Do your own homework on this one. Dangerous stocks however somehow they have managed to get this far. Going forward you can't build EV's in low numbers and expect to make a profit. These companies may not survive.

PART ONE. It's a company that makes cars and trucks and the stock currently is at around $14.00 per share. Sell more vehicles on a monthly basis and the price of the stock will go up. That's pretty simple. Now read this latest news. So was that all good news or bad news or a combination of both? Sales were down annually over 7%. Remember also how many of the previous news releases talked about a high number of trucks sitting in parking lots waiting for a few final parts before they can be shipped out. Here now is a look at the 14 series of Calls which will expire in five trading days. They are trading at 20 dollars a contract so the break even number at the end of the week would have to be around $14.20 per share. PART TWO. I played the same series of Calls last week, buying them at 9:42 a.m. last Monday morning. Here are the two fills. It's about the same price now as it was last last week at the same time. Now to answer the question of how I did. I was offside big ti...

It happened again. A little drop on a weak Monday morning opening and then a rocketblast upwards. I my last blog I called it exhausting. All this action happened in the first thirty minutes of trading. Was it news related? No. The disemination of news can't happen that quickly. If you like playing short term dangerous options then watch this stock closely. Here is it's end of day readout. Tomorrow the same craziness will start all over again. A Nov30th update. Now the entire day. 173 million shares traded on the day! Trying to play options on them with two days now to go would be tough. * A Friday review and a reason for all of this activity. Remember this stock once traded much higher. *** A December 10th update. NIO was the NYSE most active share traded by share volume. It is one to watch.

Here is a one day printout of some of the electric vehicle stocks I watch. Notice their fifty-two week highs. Many of these stocks are trading near their lows. About six weeks ago many of these stocks were out of fashion based on the thinkings that the batteries they are running on are depleting the world of precious metals and will be difficult to dispose of. Yet consumers still want to go electric and a few companies had good news. Lordstown Motors (Ride) had good news. A year ago a Tiawan company bought their factory and this week that same company (Foxconn) invested more money in them. More details about this follows below. Lucid had good news. A Saudi public investment fund is its majority shareholder, and committed to putting in more cash this past week. Rivian's $32 billion market cap and Lucid's $22 billion market cap suggest that investors think they'll make it. Nikola has a market cap of just over $1 billion, its own truck plant, and $400 millian in cash, enough t...

I want to begin this blog by saying I am embarrassed to be writing about this company. So many investors know so much more about this company than I do. I am not privy to any inside information. I have just scanned a fifty nine page financial report on the company that you can find on the website "Sedar". I note a recent litigation settlement. The company seems to think thats all part of doing business and I note they sold their company aircraft. There are 577 million shares outstanding and they lose money. Shareholders have not had much to cheer about so far this year. Here is a three year chart and year to date chart. So far so good? Are you wondering where I am going with all this? First I want to talk about the big bounces it had in each of the last two years. Other stocks too had unusual bounces like this one. I mentioned in a blog last May the bounce on a stock called Sundial once had. Please read this next paragraph. It's the essence of what "meme stocks...

When a hurricane comes to Florida buy Puts on Home Depot (symbol HD) and if it's a really bad hurricane and you see cars on the t.v. floating down roads buy Calls on Avis Budget Group (symbol Car). That's Economics 101. Economics 102 is to buy Puts on Visa (symbol V) or Puts on Master Card (symbol MA) whenever Fed Chair Jerome Powell is about to make a speech. Here is todays reaction on yesterdays news. These are sizeable drops. You could even have bought in just after the speech was made. On the earnings front Moderna dropped today as did Roku. What a day. P.s. Moderna and Roku then both came back up again. Given this bad news that should make them more difficult to play on the upside going forward. Shouldn't it?