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Showing posts from April, 2024

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Let's Set the Stage For A Friday Option Ride on Tesla

Tesla has moved sideways all week. That is unusual. Here is what the markets are doing. Now it's morning trading chart and two series of it's options late in the morning. It's 11:51 a.m.. There is also more action in the Calls than the Puts as there always is. Call holders were rewarded in the early morning trading action. Now a different way to present the same material. Now this action on the Calls and Puts a few minutes later at 12:30 p.m. or 31 minutes after our first reading. The Puts have gone from $1.44 to $3.48. Here is how Tesla closed the day. If you could do one trade a week like this you would be a happy camper. ** See my February 13th blog about Telsa dropping on a Friday afternoon.

Roku Jumped in Anticipation Of A Good Earnings Report

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Only to fall again. Look at this five and thirty day chart. ................................................... Yet thats only part of the story. Look at it's year to date chart. How bad was their earnings report? Do you think their pain and suffering is all now behind them? The stock is down 38% on the year. All I know is that they still seem to be making a pile of money. On a different note and in a different industry a stock named "First Solar" was stuck in neutral a few months back because interest rates where to seemingly high and companies in that industry were cutting back on the size and number of projects they were working on. Since that time and for whatever reason the stock in on fire. Both Boeing and Caterpillar also crashed last week on earning report releases. There seemed to be a hint of danger present in both companies releases. It's almost as if there was a domino effect. Next question? Why is Netflix gettng beat up? Look at it's chart. Is ...

Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

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Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart. ... The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster. ..... The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell ...