Posts

Showing posts from April, 2022

Featured

Deere Trading Sideways On October 1st 2024 - Few People Trade These Ones

The stakes are huge. Is Deere slipping? Here is it's five day chart. Could Deere slip to $412.00 on the opening? If it did, could it slip further? The chart looks to me like it wants to open lower. Could you grab some Call options on a weak opening and try to play it for a rebound? Does history repeat itself? Here are how the 417.50 series of Calls traded yesterday on Oct 1st. Can you see how they dipped on the opening and came charging back up? That's the kind of action option traders like to see. Look at how few contracts trade on a daily basis. Clearly trading Deere options is like skating on thin ice. To add some sort of prespective on todays action here is how the indexes traded today. Shown above was Deere's five day chart. Here now is a look at how Deere traded traded today. After a nervous start it showed some strenght in the early afternoon. Now a premarket look at Deere on Wednesday October 2nd. Look at these four stocks and look at the premarket bids and ask
Post a Comment
Read more

Boeing 1st Quarter 2022 Earnings Report

Image
The markets are rough in recent days. Boeing just had earning reports come out. Here is what happened in the first hour of trading. It doesn't matter what the numbers are. What matters is how the company addresses the issues. How does a company lick it's wounds after news like this. Well they artfully plants forward looking statements. Seven little very polished points which help to wash away the past and make us look forward. Well done. That's why their C.E.O.s get paid big bucks. Here is a look at one series of Boeing Call options two weeks out. The 155 series of Calls which expire on May 13th 2022. Is two weeks enough time to wash this bad news away? That's the bet. Notice this is a series which previously never had any "open interest" in them. This is rare but not necessarily a bad thing. Do you have $420.00 U.S. you want play with? It's a chunk of cash. Yes or no? Is this the right time to "pull the trigger"? It's the catching a fallin
Post a Comment
Read more

"Cat Puts" - This Is One Of The More Interesting blogs On This Site

Image
As I write this blog I think about the Oct 20th blog posted called "X-mas Came Early To Ford Call Holders". When strange trading days happen they stick in your mind. Another blog I wrote on March 11th 2021 talked about Boeing going up $35.00 in one week. That was also a strange occurance. Today's trading was one of those days. Why, well one of the biggest one day drops so far this year happened. The DJI dropped 981 points dragging down most stocks including Caterpillar. Today was a Friday. At 9:38 a.m. this morning here is what the markets were doing. No one at this point in the days trading was thinking that the markets might sell off almost one thousand points on the day. Here is a five day chart on Caterpillar as of 1:30 p.m. on Friday afternoon. Here finally is how the stock Caterpillar traded on the entire day. Look at how there was an additional ten dollar drop in the stocks price in the last 2.5 hours of trading. That's when the markets really started to tur
Post a Comment
Read more

Deere and Company With One Day To Go. Yes or No? You Decide How Smart You Are.

Image
Let's start with a question. There is one day to go and Deere today on a Thursday dropped over $13.00 dollars on the day. Should you jump into one day Call options on it right now looking for a rebound or wait until the following morning? Moving forward, in the Friday morning's premarkets at 8:30 a.m. we can see that the stock is up $1.50. Here is proof of yesterdays downward action. The premarkets are expecting to open higher. Are you to late to the party if you buy in (one day, last day) Call options that is? After dropping that much yesterday it should rebound right? Right? Let's stop. As the writer of this blog I think the real question should be who really wants to be speculating in situations like this? It's so dangerous. Learning to pick the battles you want to fight should be a very big part of this exercise. Yes I sometimes like to play Deer Call or Put options with only one day to go in their trading life but not after a day when it drops $13.00. To me tha
Post a Comment
Read more

Electric Vehicles - A Race

Image
Back on January 8th I wrote a blog called "Dreaming Electic Cars". In it I mentioned the electric car company called Polestar. Here I am again on this topic. Countries like Norway and Denmark are miles ahead of us when it comes to North American new electric vehicles sales. The percentage of electric vehicle sales in these two countries is appoaching the 60% mark. Here once again is news on Polestar which trades under the name "Gores Guggenheim" It's price is little changed from my January 8th blog. The second company is Sono Group N.V.. It is based in Norway and early investors in have not done well. Now here is a chart showing the stocks price. It is noted that it needs 301 million dollars in additional funding to get things up and running and if all or some of this money comes from the issuance new stock, that would put a lid on this stock moving up in price in the near term. Yet wait, they just reported their first ever profit. It's being a long wai
Post a Comment
Read more

Deere - An Introduction to Playing Calls and Puts One Month Out.

Image
Ten days ago I talked about playing Options on "Deer and Company" with one day to go. Today is a Monday I am going to talk about Deere again and show it's one day chart. Look at Deere go up just after opening. Could you have played the Calls or Puts and made some money? Well only if you where playing the upside in the first thirty minutes of trading. Trading Call or Put options on Deer with four days life left in them is a tough to do. You can get caught off side all to easily. Let me now show you (this now being a Tuesday) the prices of the May 24th Deere Calls and Puts followed by it's three month chart. These are Call and Put options that expire one month out. The action in how they change in value is trend line related. In the last thirty days Deere is up about $30.00 dollars. Many traders feel safer making bets on thirty day moving averages than on let's say four day moving averages. Catch a changing trend correctly and you make out nicely. Option players
Post a Comment
Read more