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Who Is Going To Get Rich Playing Options On Space X Technologies?

It's symbol is SPCX. It is my opinion that in the near term Tesla options will be more playable than these new the Space X options. Playing options on Tesla over the last few years has become a comfortable experience for many traders. They have a personality. Often times the stock will jump or fall ten or more dollars on the day and there seems to be an endless scource of fresh news as to what is happening with this company. What's happening with it's German production, what's happening with it's sales number in Australia, what's happening new models coming out and new self driving features? I doubt in the near term if the news on Space X will be as engaging. I could be wrong. All I know is that Telsa's last day to expiring options often offer roller coaster rides. But wait, as we all know there is a new kid on the block. Space X options are now here. Traders don't know what to expect. Here is how it traded on Thursday which happened to be the last ...

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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