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Walmart- Milking A Good Thing

For the past month I have talked about Walmart. Where do people go shopping when times get tough. The markets on this Monday morning opened lower and then good old Walmart popped again. Look at these three series of this weeks Calls. I don't want to say this is going to happen forever but what a ride. It also goes to show you how 30 day Call options can be your best friend. Now this. Everyone is entitled to an opinion. Perhaps Howard wrote this before options were a thing.
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Ford Calls on a Friday when the DJAI jumps over 500 Points on the Day

First, back on May 14th I posted a blog entitled Ford Puts - sometimes they will Suprise. This blog is the reserverse of that action. First it's Friday May 31st and here is how the DJIA closed the day.
The stock Ford had a good day. Here is it's one day chart.
Let's now look at the 11.5 series of Calls that expired today.
Now let's look at the 12 series of Calls, that's where the real action was.
It's difficult to see the last little colored chart but basically the twelve series of options got off to a slow morning start and then picked up steam as the markets rallied in the afternoon. $100.00 Call options in would have returned $1,500. I have talked about Ford options before and the concept of playing these penny like short term options. It's a game that has being going on for years. If all of this is to rich for your blood the next week options also had impressive afteroon gains. It's not every Friday the D.J.A.I jumps over 500 points. That's what it takes to make this kind of action happen. It's not rocket scientist stuff.
* Ford traded down three cents on the week.

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