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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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Ford And A Crazy Week.

Ford appears to be working on it's excess inventory problem. The stock surged this week. It helped the Barron's last weekend came out with an article entitled "Ford Is About To Make a Comeback. Hop Along For the Ride".
Now look at how one of it's option series traded on the day.
This move was a once in a year event. Many people do not like the stock Ford because historically it has being stuck in the mud for a long time. That plus stocks in this price range can be boring to watch. To be continued.

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