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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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How Exxon Closed The Door On Option Traders Today

With Exxon we are dealing with a well oiled, well orchestrated machine. Every drop of oil and every trading derivative monitoring the flow of money surrounding oil is tightly scrutinized. Don't try to trade options on Exxon on Fridays that expire that very same day. You will get shut down. Here is a case in point. But wait. I take it all back. None of that is true at all. Look at this one printout which tells us so much.
At 12:08 p.m. here are the Exxon 104 Calls that expire for retail investors at 3:00 p.m. Look at how the contracts on the opening traded for under $.05 cents. It's noon and look at the profits which could have being made! A move of $.03 to $.37. Now here is the chart showing how Exxon traded on the day.
Now look at what the 104 Puts were trading at at 12:08 p.m.
Now this. Now it is time to change the title of this blog to How Exxon Didn't Close The Door On Option Traders Today. In fact, they left it wide open. Look at how Exxon dropped from 1:00 p.m. to 2:30 p.m. The 104 Puts that were trading for like $.25 cents at noon would have increased in price four fold in two hours. Here once again is a chart showing what Exxon slumped down to at 2:00 p.m.
It's easy to write blogs about things like this. The reality is that these kinds of trades are difficult to execute. I am just trying to open up your minds to the possibilities of what is out there. Come back soon and read more.  Let's jump ahead one week. It is now Thursday December 7th. Look at how it is down on the week.


Let's watch the action. These printouts are as of  11:50 a.m.

Let's now see what has happened at the end of the day.



Now here is it's five day chart.

Time now is working against the 100 series of Calls. Yet then again, it looks like it could bounce on the opening.   Here is the day ( a Friday ) action, well only the first 65 minutes of trading. Exxon is up $1.16. Here is a  look  the 100 series of Calls. Yes they are struggling but the Exxon 99 series of Calls had a nice bounce. Yes you can play short term Call options on this stock with only one day to go.


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