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The Most Expensive Call Option I Have Ever Commented On.

How expensive? $3,250.00. Yikes. It's a hunch I have. A hunch is "a feeling or guess based on intuition rather than known facts". Are you wasting you're time reading about some person you probably don't even know talking about a hunch a stock option? Maybe. Now this. Look at this 30 day Eli Lilly chart. It's ugly. A few days back I looked at its chart when it looked like this. At that time I commented on it and called it a "step-down" chart and a precursor to bad things to come. Are we now at a bottom? Botttons are difficult to predict. Now this. The most expensive Call option I have ever considered. It cost $3,446.00 dollars U.S. and it expires a week Friday. What we are looking for is a turnaround. The potential profits in holding this Call on a good day is like a gain of $100.00 an hour. Would you like to bank your money here? Here we are now 30 minutes later. Look at this printout. It is already up more than $100.00. This is a different wa...
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LiveWire

My last blog was about Harley Davidson and what I didn't bring into the conservation was their spin off business which is building electric motorcycles. To be honest these bikes are not getting rave reviews. Two complaints are their crippling range and the possible issue of them being more dangerous to drive because they are so quiet. There is also competion from abroad. Last quarter they built only 63 of them and that experience is part of the company expecting to incur a loss of over $115 million this year. If you do the math each bike built cost them over $200,00.00. A $115 million dollar loss vs a profit of $1.3 billion for Harley Davidison. That loss makes a small dent in the overall big picture and in the process of getting going they used other people's money. Nursing this project to life from a business point of view has merit. Covid didn't help anything. LiveWire has to go slow until the product itself evolves to a level they feel proud to put their name on. Investors know this companies pedigree. See it's chart and read this.
Now go back to the previous blog on Harley Davidson. Put this puzzle together anyway you want. Forcasting of 750 units on the low end is still a three fold increase in production levels from where they are at now. Could they turn to be profitable in the next 1,000 days? Maybe. Yes there are options on LiveWire. Here are the Oct20th/2024 Calls with a striking price of 7.5 and 10 dollars. That's as far out as you can go and no one is trying to play them. The bids and asks are to far apart.
Keep in mind the company will continue to lose money all year. What a muddle. There are easlier games to play.

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