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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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My Friday Morning Feb17th Trading.

Here is what the market is doing just minutes after the opening. Not much. It's a Friday and I am looking at options that expire today and also looking at options one week out. I will talk about "next-week-options" later. Monday will be a holiday.
Here are my trades this morning and a picture of me. When I trade on Friday's it's always the first fifteen minutes of trading that are the most interesting to watch and try to play. Except that is when everything is going down.
* Telsa blasted up in the afternoon and the real action was in the Calls. I was lucky on that one to make money on a Put. Buying Calls on the opening that expire that day seems kind of dumb yet that's where smart money went. Look at the Call volume numbers.
Lucky on Visa also as the Calls I bought ended up expiring worthless. I was playing the 225 Calls between 9:47 a.m. and 10:36 a.m.
Boeing closed at $396.00. I didn't hang in with long enough after it came off a morning dip. On Friday's with one day options the less time that you spend in a position the better.
Trade times (lenght of average holding) was 14, 45 and 49 minutes. I was finished trading the one day Calls at 10:46 a.m. I didn't think to revisit a Telsa position at noon time but maybe I should have. What a rocket ride upwards it's Call options had on the day.

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