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Showing posts from September, 2022

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Suicide Options

Want to split hairs, meaning do you want to chase the most miniscule of moves in a stock's price? With the way options are structured on Pfizer you can. Look at this five day chart on Pfizer and look at this particular Call option series. These are the 24 series of Calls that expire this Friday. Why do I think these Calls offer good value? One reason is the strong volume of trade. What am I now talking about? As as of 3:50 p.m. today the stock has traded in excess of 39.6 million shares. I take comfort in this number. With this much volume I would think that the option makers would have less power and less desire to control any short term directional moves that this stock has. "Bid" .22 and "Ask" .25 with a high on the day of .42. Purchase these options in quanties of 20, 30, 40 or whatever you want. The tiniest of an updraft will send these options soaring. Well not crazy soaring but percentage wise noticably more. Let's see what happens. Here is how they ...
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A Plan to Get a Free Cruise in 2024

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Carnival got stuck in the mud today after an earnings report was released showing a slight loss. See the chart below. Why isn't credit being given to this company for all of its diligent work? Afterall, 95% of their fleet is back out sailing the oceans once again at a 85% occupancy rate. Can you believe these numbers are this high? Think of where things were at one year ago. Who would ever dream such a turnaround could happen so quickly? Carnival now just has to tweak their numbers. (Yes they had to take on some additional debt to keep things floating but the worst seems to be over now). So my question now is where do you want to sail to in 2024? Start planning? Start buying a couple of long term Carnival Call options now.Your profits from such a trade could pay for your trip. Note I am not a financial adviser and these claims may be without without proper logic on my part. Call me a dream weaver. This was a tough week on the stock. Now a longer term look at the stock. I think i...
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Home Depot - Snakes and Ladders- Hurricane Season- Hurricane Ian

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Here is a one day chart and a five day chart. Home Depot closed up $2.30 on the day however the markets were off. Home Depot can jump in Hurricane Seasons. Now the five day chart. Here is my buy in at the end of the day with three seconds to go. Look at how these options traded on the day. Florida might get hit tomorrow. Talk like this can go away as fast as it came. Two days ago no one saw this coming. An 8:30 a.m. Wednesday update. Let's back up a second. Look at how strongly Home Depot opened up yesterday and look at how light the volume was on the day. In a way this play is "old news" and the question is, am I one day late in coming to the party? These options still have three days trading life left in them. Do I want excessive demands on my time going forward? Is this a wise application of effort and creative energy? I could bail in the premarkets and take a profit and never have to follow this news again. The connection between Home Depot going up in price and h...
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