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Ford Always Piggybacks G.M.'s Earning Reports

Look out. Option players can get whipsawed. A good earnings report can be a bad earnings report. If you have time read this.
Here is how G.M. traded yesterday after the release of their quarterly earnings report.
A heathy earnings report and the stock sold off in price. Now these two readouts.
With the stock closing at $50.02 cents might it rebound on the morning after? Now look at this.
These options in the first hour of trading don't know what they want to do and they still have a few days life left in them. Ford has an earnings report coming out Feb. 5th. The results of G.M. large cash flows might tweak the interest in owing Ford Calls. Folks this is real time action where trading decisions abound. Here is a 10:03 a.m. printout of how G.M. is trading on the day.
Talk about action. Looking at the Ford options knowing their earning report is coming out in a few days here is what are happening with their short term end of week options.
Here is it's five day chart. It sold off yesterday in sympathy with G.M.'s decline.
What do I think is going to happen? I kind of like the G.M. Calls at this stage of the game for a move upwards today or tomorrow. Yet the real point of this blog is to point out that this piggyback type of action with G.M. and Ford happens four times a year. To be continued. *** 3:17p.m. a few hours after this first posting. G.M. makes cars and trucks in Canada and Mexico. Trump is talking tariffs this weekend. Will this become a new reality which might start to weigh these options down? Is that why the stock didn't rebound today?
...to be continued.

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