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Walmart And Costco

It's Thursday morning on January 8th. Walmart opened down. But look at how Costco opened up. This time I am showing it's five day chart. A first, no one really new why but then news like below surfaced. I was also searching for the news as I knew something had to be up. At one point in the morning Costco was up over $40.00. So Walmart is dropping and Costco is really shooting up. At some point Walmart has to turn around to catch some of this positive spinoff. Look at how the 100 series of Call options on Walmart shifted gears at 10:00 a.m.. Do these two stocks always trade in harmony with each other? Obviously not but there comes a time when some sort of a cause-and- effect becomes apparent. At exactly 10:00 a.m. this morning there was a realization that Walmart had to change it's direction to stay in tune with what it's big brother Costco was doing. At that time the 110 series of Calls which would be expiring the next day traded down to $90.00 per contract. Now...

How Was Your Week Trading The Market?

With all the ups and downs it's hard to figure out what is going on. Look at these three stocks and the options on two of them. 1) Chargepoint. One series of calls on Chargepoint went up 58% yesterday in one day. It was a strong day for the markets.
2) Blink
Here are it's recent numbers and the company is big on self promotion.
The third stock I want to comment on is one called Wallbox. First a five day chart and then later a 'year-to-date chart'. I am not crazy about this stock because of the trading range it seems to be stuck in. It will only take off if it survives and starts to make money. Do your own research on this one. WallBox also scares me because of it's Barcelona" address. If it ends up merging with someone else you will be lucky to get your money back. My ongoing interest all three of these stocks is that the "range anxiety issue" that consumers seem to have for electric vehicles is slowly starting to go away. Even Trumph is now thinking that going "partially" electric is O.K...
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