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Carvana Starts The Week With An Opening Rally

Let's start with the action on Carvana back at the start of the week. Here is it's mid afternoon chart on Monday. The stock is up $23.00 on the day! When I see stocks move up like this I sometimes wonder why there isn't more profit taking at the end of the trading sessions. . Now let's jump forward to Wednesday afternoon with tomorrow being a holiday. Carvana is up. How much? Well about $28.00 more dollars in two days! The word on the street is that their main competitor "Carmax" is in trouble. Here it how it has traded in the last thirty days. It had a bit of a dip but seems to be coming back. Avis Budget Group, also shown below the same thing. Hertz in the last three months has also struggled in price. So back now to Carvana. It's on fire this week. Buying Puts now that expire on Friday would be kind of dumb. The markets will be closed on Thursday. That plus the market will be closing at 1:00 p.m. on Friday. Yet then again the stock could drop $25.0...
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G.M. A Four Minute Read That Will Make You Smarter. Do You Have Four Minutes?

Well actually it's a six minute read if you also want to read about an interesting dangerous Ford Call trade. Read this. I talks about the big picture. Look a how much money is being tossed around.
Now ford. First it's five day cart.
What happened? Well good news just came out that is being interpreted as being bad news.
Now a look at the Call options that expire tommorrow Dec. 6th and next Friday Dec 13th.
It will be interesting to see how this situation turns out.**Ford dropped in the last minute of the trading session with over 5 million shares getting dumped in the last minute of trading.
Here is how the 10.5 series of Calls with one trading day left in them closed.
Tomorrow will be interesting.

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