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Looking For Something To Buy On A Tuesday Afternoon?

Trumph says the war is over but is it? Exxon sells off on that news. Does this make the Calls a good buying opportunity? It's 2:38 p.m.. The Calls shown below expire in two days. Moves downwards this much in a one day time period are somewhat rare. Let's see what happens. This leads us to a new topic. Overtrading. Avid daytraders can pick the days they like to trade the best. I like Fridays for it's one day options and for it's late in the day look at it's "next-week-out-options" which might at that point of the day be somewhat mispriced. Resets in pricings can sometimes happen over the weekend which become apparent in the first few hour or so of Monday morning trading. I also like Wednesday for mid week reversals. The biggest trap are Thursday options that expire the following day. These are the ones that seem to lose the "time value" aspect of the equation the most quickly. Finally Tuesday options that expire the next day, two days away or a...
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Pension Funds and EV Stocks - A Need To Be Part Of The Action

Pension funds invest in EV stocks. Currently Lucid is 81% owned by institutions and 4% insiders. Rivian is 63% owned by institutions and 12% insiders. It's not the average guy on the street who own these two stocks. What do institutional investors know about stocks in this sector that we don't? Tesla is 44% owned by institutions and 13% by insiders. Workhorse is 33% owned by institutions and 4% insiders. In contrast Polestar is only 4% owned by institutions and 47% by insiders. Lucid and Rivian are both up and running with production output. For this reason they both seem to be gaurishing an inordinate amount of attention. Please now read this. After you finish reading this I will tell you what I think.
It seems to me that institutions are out in the garden patch whimically putting EV stocks into their basket. What a dangerous voyage of discovery. Yet what floats the boat is Tesla which has had a wonderful run. The scary part is that this stock has a P/E ratio of 71:80-1. The boat will continue to float as long as consumers continue go electric. It looks like things are headed in that direction. England for example has the goal to ban the sale of all new petrol and diesel vehicles by 2030. Now for a reality check. Look at how these six EV stocks traded this week. What a scrubbing!
The charging station evolution is just as crazy with pension fund money also following the action. This weeks downward action across the board was abnormal.* A look at this situation one year later. What a mess. Investing in companies before they start to have earnings has proven to be a huge mistake.

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