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What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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Blackberry and Home Depot - The Storm on The Horizon

Is the party just starting or it is soon to be over?
The volume of trading was down today. I don't like trying to make calls on situations like this. I know that back on Nov 5th 2022 when the stock was at $4.41, I wrote a blog on this company and called it "How Long Will The Wait Be For This Company To Turn A Profit". The stock has struggled for a long time. On a different note what happens when hurricanes hit Florida? Home Depot can pop.
We have witnessed some pretty wacky weather lately and hurricanes might be next on the list. How does anyone try and make sense out of any of this? You can't. It's best to walk away. But what do I know? A Sept 1st update. Here is it's five day chart. This weeks Calls that expired Sept 1st went up in price all week.
**** A Sept 7th Blackberry update.
The struggle continues again. **Sept 11th
Is all this really welcoming news? * One week later, the stock now at $5.39.
Bad news on Oct 5th.
Management has a history of poor excution.

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Living on Kraft Dinner?

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What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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