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Climbing The Wall of Greed.

It's a stupid market with stupid things happening. It's exhausting. Investors have to change out their investment strateties. Caterpillar and Deere had big gains this week and one week Call options on both of them went up in price 400 percent. In recent blogs I have talked about things like coming late to the party and making trades where you would make out like a bandit. Look at this mornings action in "Unusual Machines". I have talked about this stock before. Now this. A look at the Call options on "Unusual Machines" at 9:31 a.m. this morning after the stock jumped $1.57 on the opening. These Call options jumped 300% from their close on the previous day. Also look at the large open interest in these options. These Calls still have one week's life left in them. The question now is who would you be stupid enough to be throwing more money into this? Not me after all this that has happened. Now this. In forty four minutes the Calls that were already u...
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The Concept of Buying Options on Stocks in the Two and Three Dollar Range. Polestar and GoPro

It's all about leverage and successfully predicting which way a stock is going to move. Guess right and you will win big. Yet wait, why not just purchase the stock and put it away and hope that it's going to go up? That makes more sense. Stocks in the two and three dollar price range can be extremely difficult to play, let alone playing options on them. Let's look at two of these stocks. First Polestar. It has an earnings report call coming out later this week. Take some time and listen to it..
ANOTHER STOCK IN THE LOW PRICE RANGE IS GO PRO. It has struggled over the years. There are reasons to think that the company could be changing it's business model.
Now it's chart.
Now it's one year out Calls with a three dollar striking price.
Brian McGee seems excited. Future income streams is something that adds value to a cause. One year is a long time out in the future. Yet then again if you like stocks in this price range just buy the stock and not it's options. Turnarounds sometimes take years to happen. *A Nov 16th update. (eleven days later).
Both the stock and the Call options have jumped. The three series of Calls have done wonderfully well. Polestar in contrast continues to go sideways.

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