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Showing posts from July, 2022

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Exxon Has Just Had Like Four Days Of Going Up.

Exxon just broke it's previous three month high. Now it's five day chart. Now it's chart as of 10:42 a.m. this morning. Today is Wednesday. The markets are closing today at 1:00 pm., then closed tomorrow for Christmas and then open again for a full trading day on Friday. Now this. A look first the Calls which are $.30 cents "out-of-the-money" and expire on Friday. Now the Puts which are already like $.30 "in-the-money". Expectations are that the stock is going to go up and that there is still a full day of trading on Friday. Here is what the markets and what the price of oil are doing. Can you see how traders have a preference for the Call options and are hoping Exxon continues it's natural progression upwards. They are prepared to pay somewhat of a premium to be positioned in this situation. I don't know what the outcome is going to be. Nobody does. As a reader can you see the complexities of trying to figure out this outcome? My point is...
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Ford - Earnings Come Out This Week. The Action on Monday - Thursday - This One Is A Good Read.

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It starts off slowly.... a storm in the brew. Earning reports are coming out for a multitude of companies this week. G.M. is one and a day later Ford. Rising rates means lower vehicle sales. But what's going to happen when the first 25,000 Ford electric truck drivers start to tell their friends about them? It's one of the weeks of the year many odd balls like me look forward to. So much can happen. It will be quite a ride.Here is where the 13 series of Calls and Puts are trading at 9:42 a.m.. Notice the bids and asks are tight which I like so that every ten cent move in the stock's price sets them off in different directions. Here now is what it's five day chart looks like now at 10:05 a.m. going into an earnings release this Wednesday. Ford didn't move all day and here the closing Call and Put readings. Now here is the news going into Tuesday's markets. Now a look at the Ford options twenty minutes after the opening bell. "/> It is interesting to...
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