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A Random Walk In The Park On A Monday Morning. A Caution. Monday Mornings Are Often Not An Option Players Best Friend

Let's start with this. It's now 10:26 a.m. A bet on Caterpillar rebounding by the end of the week. There are no takers. Why have to watch the screen for the next four days in agony waiting for a rebound which if happens is just a "break even trade"? But Wait. I made a mistake. The market is actually now down 668 points. What else can we look at? Interactive Brokers. These kind of stocks always do poorly on days with the threat of margin calls. Yet there is something interesting about the printout I am about to show. It is that these options are "one-month-out" Calls. These longer term options trade differently than short term options. (these options trade in one month intervals). If the stock we are following stops it's freefall the value of the options will nudge up ten, fifteen or twenty percent. A seven dollar option Call might creep back up to $8.00 or $9.00 at which time it could be sold. In contrast with a five day option a slight reversal in ...
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Electric Vehicles - A Race

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 wait.
Finally, I would like to reiterate more comments about the Chinese electric car company called Nio Inc.. I have mentioned this company before. A week ago it was number two on the NYSE most active list and it was up 10.1% on the week. They are also selling their electric cars in Norway. It frequently makes the most actively traded list. Here is it's one year chart followed by it's five year chart. One of the current worries is that Chinese companies might be delisted from the American exchanges because of their lack of accounting transparencies.
It's this last chart, the five year chart that stirs at the hearts of futuristic thinkers. Might it rebound back up in price again? Nio Calls and Puts might prevent you from sleeping at nights. There is so much to watch in this electric vehicle space. As a further note of interest Nio on the trading week ending April 23 ended up as the 5th highest trading stock by share volume on the NYSE most active list and Sono (SEV) on the same week ended up as the 4th highest NASDAQ biggest % mover. All eyes are now focused on start up electric vehicles. To end this, then there is Vinfast. It's stock is not traded on any North American exchanges.
A May 2nd update.
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