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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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Polestar and Ford

Polestar is tough to play because a ten or twelve dollar stock takes good news to make it go up. With no news the stock just goes sideways. Rememmber last week how Ford was on a terror and in my last blog I said I don't like buying Call options on a Monday that expire at the end of the week. Ford dropped fifty-nine cents yesterday creating an opportunity to get in today and hope that it rebounds.
I don't generally like to pinpoint trading trading opportunities however the good news story on Ford is still the same today as it was last week.

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