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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 ...

A Note Of Interest On Day One and Two of The New Year 2022

If you turned on your computer Monday morning, the first day of the trading in 2022 sometime between 9:30 a.m. and noon you would have witnessed the markets were rocking. I watched Tesla and Apple and others. Everything was on a terror. Look at some of this action.
So what's next? Well on Tuesday the markets were rocking again. Look at the action in Caterpillar and Boeing.
Then there is Ford. All of the car makers are going electric.
What is the point of this blog? Well on the last on the last trading day of 2022 this year think up and not down.

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