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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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Last Day Options Can Suprise. First Solar

Look at this chart (July 28th ). It's the early morning action on First Solar after an earning report.
Now look at this chart. It's a five day chart of the same thing.
The earnings were good but the stock spiked up and came down again. What was the news to cause it to drop? I looked around and couldn't find anything and the D.J.I. was have a good day. What to do? One day Call options are so dangerous and I was completely out of the loop as to why the stock was trading this way. Why the downward pressure? Here is what I did.
In and out in less that ten minutes for a $90.00 gain. Had I waited until noon and sold out then I would have lost over half my money. Now here is how it closed out the day.
Now a look at it's one day chart.
Why am I showing this? Well look at where the stock was trading at noon. The rules say that if your trading a last day option you have until 3:00 p.m. to get out and not 4:p.m.when the market closes. Who wants to fork out money to try and catch a three hour ride when most traders are off to the beach? Now look at this. This series of Calls closed at $8.10.
Sure it's easy to make calls like this but there was no talk of why the stock sold off after it popped on the opening.I got out at 10:45 a.m. and at noon it was trading lower. It was at that time a stock without direction and one to dangerous to buy back into if your time horizon was only three hours. This entire experience was strange. *** The low of the day in this series of Calls happened at 12:02 p.m. That coincides with when many short term option players call it a day after trading all week.
** Joe Biden was busy all week touting solar and wind power.

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