Posts

Showing posts from February, 2025

Featured

Monday Morning April 7th

1) Had you bought Puts on the close on Friday on Tesla you would now be up 95% in nine minutes. 2) Had you bought Puts on Eli Lilly on Friday at the close you would now be up 162%. 3) Had you bought Puts on Home Depot on the close last Friday you would be up 85% 4) Had you bought Puts on Caterpillar on the close you would be up 100% 5) Had you bought Puts on Costco on the close, you would be uo 105%. Does it feel like you are always one step behind all the action? Can you now gamble on Eli Lilly to play the upside? If you read my last blog that was one of the few stocks that rebounded a touch interday on last Fridays slide. Maybe if you catch it right. Buy stocks if you like them at these prices but its not a good week to be dancing around trying to play Calls. The action in option trading for retail option players will intensify towards the end of the week when the time value built in premiums on short term options that expire in a day or two subsides. Those will be the days ...
Post a Comment
Read more

Watching Boeing on A Friday Afternoon

Image
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 ...
Post a Comment
Read more

If You Don't Know Anything About Snowflake Don't Feel Bad

Image
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...
Post a Comment
Read more

"Lucid" Reports It's Earnings.

Image
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...
Post a Comment
Read more

Earning Reports, " Rivian" And Next "Lucid " To Soon Report."

Image
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...
Post a Comment
Read more