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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart for a morning move. Today is now Thursday and there was a big sell off in the markets yesterday. Tesla sold off for example and here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned in recent blogs are not a good time to be purchasing one day options on stocks that expire the next day. Times change. In less chaotic times that's not always case. In the last few years there would be known upcoming Friday morning events like the release farm payroll numbers or other economic readings that would move the needle on the markets going up or down on on a Friday morning. In those markets it paid to get into option positions before the closing on a Thursday to get out on the Friday morning bounces were caused by the release of these premarket reports. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch o...
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Ford - One Billion Dollars

Here are two random five day charts on Ford.
This second chart is a reaction to an earnings report.
The stock has no problem jumping up and down. Here is the action on Sept 20th, the biggest one day loss in over ten years.
On this news the January 14th 2023, series of Calls sold off almost 50%.
Here is a one year chart.
Going electric is going to cost billions of dollars. If this stock wiggles down a tad more this would be an excellent entry point. Releasing this news today was somewhat irresponsible. It could have waited until it's next earnings report. Further guidance offered today calls for a return to normality. What do you think? Here they are again two days later on Sept 23th They are now down about 25% in two trading days with the stock down another chunk.
Ford frequently has news. Good news will cause it to rebound.

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