CAT Puts

Friday afternoon options are near impossible to trade (or are they) and Boing sometimes jumps $5.00 on Monday mornings when other stocks like Deere and Caterpillar are trading flat. It needs the weekends to unwind and reset. Did it survive the weekend without any disasters? It's a big company with many moving parts. Now it's Friday's chart going into the 1:00 p.m. period. Anything can happen. Here is what the indexes are doing. It's another day of reporters calling out Trump on his lies. Now look at these two series of Call options. They will expiring in a few hours. Both are "out-of-the money". Might they move up in the next couple of hours? Here they are again about fifteen minutes later still walking a fine line. If the stock doesn't go up in the next two hours you lose. Is this the kind of game you want to find yourself in? Probably not, there are afterall safer situations to be considering. Remember with options expiring on this Friday you have ...

It's one of those cloud based companies. I will tell you what they do, it's all kind of complicated. Even after you read this you will still not really understand what they do. The stock is volatile and I have it on a watch list with other stocks like First Solar, Costco, Netflix, Moderna, Deere and Tesla. These are all stocks I watch with a passive interest and usually take more of an interest in them around the earning report seasons. Of all of the stocks on this list Snowflake is the one I am least connected to. What insights can I bring to the table about what is happening with this company or the industry it is in? None really. Ask me about Tesla and that's an entirely different and facinating story. Some of my best option trades of my life have come from playing options on Tesla. Now back to Snowflake. It had an earnings reports come out before the bell opened this morning. Here is it's one day trading chart the day before which was somewhat unremarkable. Inside...

There was not to much of a suprise but maybe a floor price has been reached. The stock is now down considerably and vehicle orders are now expected to tick up. A new more affordable EV is being launched this year that will cost less. Investors were nervous going into this report and the stock as of late has being in a precipitous slide downwards. It's going to take a day or two to process this fresh news. The EV industry is taking it on the chin as of late. Part of the good news is that Lucid is not using the word "burn rates" They also seem to have access to more cash going forward if needed. Both Lucid and Rivian are now appearing to be more fiscally responsible. Yet we now have to wait another full quarter to confirm such a suspicion. Shown above is it's five day chart and below is it's one year chart. In previous blogs I have talked about three, four and five dollar stock's and options on them. They can sometimes suprise. Is this one of those moments wh...

Vroom, vroom, vroom. Well they are electric. They don't vroom that much and that's a good thing. Rivian is not going to go away and their trucks of many designs are out working everyday. While Rivian is not going to go away it is still burning through a pile of cash and is planning a shut down of one of their lines for the retooling of a more affordable model sometime this year. Sales seem to be plateauing. That's not a good thing for start up companies to be worrying about. Here is it's current position. Trump is not being kind to electric automobile makers. China has labor costs of like $6.00 an hour or less and is selling their electric vehicles all over the world. Why, one might ask is North American so focused making consumers pay for their grossly overpriced product offerings? This can't go on forever. Now this. Rivian had a few bright spots last year like when V.W. stepped in to be a bigger partner of sort however it's lastest quarterly earnings repor...

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...