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How To Be A Better Short Term Costco Option Player.

Let's start by saying it's 3:00 p.m. on Thursday and I am going to talk about the big sell off that Costco experienced this morning. There was news on it that seemed to take some time to be disceminated. I tried looking for what the news was all about in the first hour of trading and couldn't find any. As it turned out it was the "regular-stuff" type of news like last month's retail food sales or something like that. Everyone listening to this type of news seem to have their own slant as to what is happening. For many people this news is not that important. Costco often releases news like this. Sometime shareholders get stressed and bail. Why wait around to see if it only gets worse? There are always sharks out there waiting to nibble at falling prices. In the early few minutes of trading this morning the average retail trader had no knowledge as to what this news was all about. Opening markets started to tumble. This sometimes happens. If you're a frequ...
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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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