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The Markets Never Stop. The Stock Lowes And Forward Looking Thinking.

An earning's report came out and some of the reason's the stock dropped made sense. Let me tell you what happened and why. Lowe's sold off in price over $12.00 in one day on an earnings report. How bad was the report? Well that is something that is debatable. Some people would say that past sales are not a good indication as to what might happen next. Not many option traders attempted to trade in it. Some traders derive more pleasure in playing the rebounds after these types of announcements come out. Here is what their C.E.O said. It is her job to try to put was a positive spin on things. Every word she uttered was well rehearsed. Lowes and Home Depot are always difficult to play because their stories can be spun in so many different ways. On a different note, the Put options five dollars "out-of-the-money", which were the 265 series of Puts were a cheaper and a more profitable way to play this action than the 270 Puts. Yet then again, if the stock only dro
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A Letter To The Editor

In Barron's on July 8th. It goes something like this. Zero-Dated Options: A Road To Addiction. I know we are at a market top when my 17-year-old son is begging me to allow him to trade these options with his savings from birthdays and graduation {"The Lastest Day-Trading Craze". Cover Story July 1st). Instant gratification. Between this and sports gambling, we are promoting addictions. Read my last Tesla blog.

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