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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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Ffie - Electric Vehicles And an August 16 th and August 28th 2023 update.

See my December 12th blog about this stock. Here is today's action.
Look at the volume. 140 million shares traded. That kind of volume is going to show up on multiple tracking systems.
A March 7th update. It's now almost half price. Last week it was the tenth most actively traded stock on the Nasdaq by share volume. It's often on this list.Then again it was the second lowest priced stock on this list of twenty companies.
Read the news on it. Most of the electric car companies are now burning up cash except Telsa. It's not a fun business to be in during the start up phase.******** Now an August 2023 update. It's still going, not much has changed. They did sell one car. They made a video of the sale.
One sale will not pay the bills so now they added a new twist to things. Read their new job title. AI stuff. Stop.Stop. Stop. These are all junk stocks. Look at the volume, a lot of people seem to like to trade them. Trading volumes are always crazy high.That's one of the things that makes this stock somewhat unique.I don't like this stock because it's track record is not great and it's going need a lot of money to get to the next stage. If it does get there then there are still are are no gaurantees. It's always a high risk business.
The August 28th update. A reverse split had to be done.
This is a game changing move. All the penny stock traders are suddenly kicked out of the game. No longer are we going to see this name of the list of the most activity traded stocks. Remember Westport doing a 10 for 1 reverse stock split? It's tough going for any stock after that happens. **An August 28th update.
A 23% drop in one day is huge.

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