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Showing posts from April, 2023

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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart. Today is now Thursday and there was a big crash in the markets yesterday. For example, Tesla had an insane selloff. Here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned are not a good time to be purchasing one day options on stocks that expire the next day. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch other stocks that got knocked yesterday that might now rebound back up again together. Look at the chart below of Walmart and see how it was off a couple of dollars yesterday. Could you buy in now and get out later in the day? Fantasy thinking, one might say. Could it sneak up even one dollar? Now this. The stock mid morning is now merely trading sideways. Now look at this, the 93 series of Calls. (On Monday we were looking at the 94 series of Calls). At 10:22 a.m. the stock is up six cents...
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A Blogging Website About Caterpillar

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Ok. I am guilty of falling asleep at the switch. Caterpillar had great earning report this morning and the stock tanked on the opening. Here is it's five and one day chart. Now the highlights of the report. So now what do I want to show. How the different series of Call options traded. Notice the volumes in the 200 and 202.50 Calls. Next to no volume. Notice the rewards on the higher priced "out-of-the-money" Calls. Big rewards. In the ninety minutes of trading this morning the stock was off slightly. What an opportunity missed!
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Barron's and Their Comments on the Auto Stocks

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1) Telsa. What they are saying is to wait and see if it drops down to $100.00 then buy it. The stock is volatile. U.S. sales of all-electric vehicles grew 45% year over year. Sales of gasoline-powered cars were roughly flat from the fourth to the first quarter, while EV sales climbed roughly 15%. Telsa is still the king of the EV future. 2) G.M. and Ford? Maybe, they say these two stocks should be considered as technology stocks and maybe they warrant higher price/earning ratios. For a decade, their stocks have traded, on average at about seven times estimated next years earnings, while the S&P 500 Index has fetched 18 times. Todays cars require a huge amount of software. G.M. has the Cruise which operates a fleet of self-driving taxis in San Franciso and will apply this driver-assistance system to it's new 2024 Cadillac Celestiq, an ultra-luxury sedan with a likely base price of $300,000. It looks like the big players will survive. All eyes are on Telsa which swings up and dow...
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One Analyst Pays A Visit To A Company Shop

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.As the title says one analyst pays a visit to a company shop (he has a big bag of junior stocks to research and write about) and walks away starry eyed. Only in Canada. Here is the stocks five year and one year chart. Here are the January 2024 Call options. Thirty dollars down to two dollars a share, what a ride for investors. So many "let's go electric" companies have had to go back to the well, often many times to ask for more money which dilutes the stock price. See my previous blogs on this company. Retail investors have no stomach for these kinds of stocks which have had a poor track record of providing meaningful guidance. Yet the macro winds are changing as our governments are going all in. Consider this. The world is going electric and little companies like Lion Electric are fighting for a piece of the action. So many electric vehicle stocks have disappointed. Names, in a random order like Polestar - PSNY, Fisker - FSR, - Lordstown - RIDE, Lucid LCID, Son...
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Telsa and Ford

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A recent blog talked about playing options on Ford. Elon Musk made some comments on how he plans to run his business by dropping prices ramping up production and pushing harder for self driving vehicles. Worry ensues. Image buying some random Telsa or Ford Puts a few days ago. When Musk speaks get ready for some action.
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Caterpillar, John Deere and Boeing. A Shakeout This Week.

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Let's start with their one week charts. A bad week to be playing Call options. Tomorrow Friday is a holiday so this weeks options expired today. Here is how Boeing traded on the day. A reward for traders who were glued to their screens all week. Look at how at around 1:00 p.m. the 210 Calls and 212.50 "out-of-the-money" Calls popped. In around 11:30 a.m. at .11 cents and out at 1:30 p.m. at $2.40. The 212.50 Calls were even more extreme. In at 11:30 a.m. for one dollar a contract and out at sixty-five dollars a contract. Look at the Call volume. If you were glued to watching Boeing at that particular time you could have caught some of this action. In contrast look at this. Look at how the Caterpillar Calls were trading around 2:00 p.m. in the afternoon. Options on the last day of week that are expired have the rule that you must be out at 3:00 p.m. and not 4:00 p.m. Look at this one day chart at that particular time period. Now look at this. An open interest of only...
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Electric Car Charging Stations -Trying To Understand Where The industry Is Going

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There are new developments in the electric charging station story. The U.S.government is on a mission to go green and is pouring money into the industry. Investors are starting to wake up to this action. Many people have followed the charging station story in great detail. Stocks in this sector have a history of large swings. EVgo and Blink are two names to researh. EVgo was up $2.29 last week to $7.79. Revenue rose about 150% in the electric-car charging network's December quarter to $27 million. It expects 2023 sales between $105 and $150 million. Here is it's five day and three year charts. Now look at Blink. Here is it's five day chart and thee year chart. Going back two years ago it went from $2.00 to almost $50.00 in six months. Short sellers love this company but the love affair might come to an end when government contracts start to kick in. Then there is Chargepoint which gets a lot of attention. Yet another stock in this space is Fuelcell Energy. Last week man...
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