Posts

Showing posts from March, 2024

Featured

Tesla Options Near the Close on Friday Afternoon. Building A Case For Making A High Risk Trade.

Tesla was up 11% in the last five days. Look at it's one and five day charts. ... Now here are one series of it's Call and one series of it's Put options with only 42 minutes of trading life remaining in them. Might these Calls rebound back upwards towards the closing? Afterall the D.J.I.A. is up almost 1,000 points on the day and this is one of the hottest stocks all week. The 400 series of Call options at this time are "in-the-money" by $.72, and are priced at $1.88. That's a premium of $1.16 over the striking price. Imagine all of the money lost by the existing 140 series of Call option holders in the last 60 minutes! Couldn't the stock now rebound two or three dollars in the blink of an eye? It did afterall once again just drop over $5.00 a share in the last hour of trading and it now seems to be holding steady. That's the carrot now dangling in front of everyones eyes. Is it time for a quick flip? If you have made twenty or thirty option trades o...

Shifting Views on the Relevancy Of Option Trading.

Image
An article entitled "This Option Craze Could Spell Market Trouble" by a fellow named Steven Sears in Barron's this month is of extreme interest to me. He starts with the sentence "The options market is in the throes of a speculative mania." He claims that the industry now characterizes options that expire in one week as being financial fentanyl. One of this sentences says - "The truncated expirations seem to mostly incite aggressive speculation as they reduce put and call prices into Wall Street's version of cheap scratch-off lottery tickets." Is he adverse to these types of trades? Well he side tracks this question by saying "The curent option trading mania is dominated by hot teck stocks like Nvidia, Tesla, Meta Platforms, Apple, Micosoft. Super Micro Computer, and Amazon.com. Many of these stocks are so expensive that only weathy investors can afford to buy 100 shares - and even they might pause at paying top dollar for such steeply valued ...

A Canadian Company Up 68% In One Day

Image
Canopy Growth. It's one year and one day chart. Now it's five day chart. What's going on? Well let's start with why it surged last August. So now what? Why did it pop this time? Well this time, like last time many of the stocks in the marijuanas space popped. Look at the last Fridays action in these other matijuana stocks. Here is the news this time. Many sources talk about it in different way. Now this. So this kind of paints the picture of what is happening. Canadian companies have kind of got the jump on growing techniques after burning through billions of dollars in startup capital. Now they are all of on a mission to expand their footprints overseas. Skeptics of the industry who have witnessed these surges in this group of stocks might now tout this as being a good time to sell. Afterall there are millions and millions of outstanding shares and the daily volumes traded are at time quite insignificant.These are difficult stocks to play and even more difficult ...

Will Fisker Survive?

Image
Maybe. They have whimical t.v. commercials. I want one, but why they make claims to using recylicable materials in their vehicles is something I don't totally understand. Here is it's 5 year, 30 day and 5 day chart. Image buying near the top and then averaging down? What a mess for existing shareholders. So what is happening now? Auto Trader in Canada has two used one's for sale. If the company goes under will replacement parts be available? Fisker now needs more $$$$ to survive. Is the next step finding a partner and / or issuing more shares? Their product lines are strikingly beautiful and their name does have some brand recognition.Yet there is a big probem. A loss last year of $762 million. That's a crazy big chunk of money. How did they get themselves in such a big mess? Now with the added bad publicity of potentially going bankrupt the path forward is even that much more difficult. . Miracles have happened. Look at how Canoo, another struggling E.V. maker re...