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Another Blog On "Vinfast"

There is so much to read about this companies history online. Do your own homework. Their success is not dependent on what ends up happening with their sales in North America. They are nimble. There are plenty of auto factories all over the world now for sale they can acquire. They have dabbled in Australia. Having access to money to keep going doesn't seem to be their problem. Rivian also seems to enjoy this advantage. Vinfast is currently building a new plant in India which could employ thousands of people. That's an emerging new market. New relationships are being built and new investors will be coming onboard. Are option players looking at this stock? Not really if we look at these "one-month-out" Calls. What about Calls further out? What about next January? Here is a look at the three and four series of Calls. Nobody seems willing to bet Vinfast Calls. Now this. Here are two snippets taken from a blog I wrote about this stock back in early December of 2024. ...
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Biogen. Can you Play Call Options When the Markets Are Known To Crash 500 Points In One Day?

Drug stocks are difficult to play. Look at Pfizer. Here is it's chart. It sometimes finds itself in the top five list of the mostly activity traded stocks. So does Eli Lilly. Pfizer has gone sideways for a month making it impossible to play options on it.
So why then am I looking at this? It's Biogen and not Pfizer and Eli Lilly that I want to talk about. Here is Biogen's five day chart. It can swing.
What do I know about the stock? Well not very much but that doesn't precude me from playing options on it. I know that it has sold off a whole bunch this year and I am reading that it has some good stuff now happening in it's pipeline. What does this five day chart tell me? It tells me that the direction the stock is going to go next is simply a flip of the coin.
I want to now show you the volume in the 140 series of Call options that expire on it tomorrow.
Are you able to see that no one is playing them. With a million things happening in the markets then why am I wasting my time writing about this? There is a reason, please keep reading. Let's now look at the Call options on it one week further out.
It's the same thing. No real action in them and they cost a little bit more. Let's now look even one week further out.
Now this. What was high on the stock yesterday? $143.85. As I write this blog the stock is selling off even more.
Now the April 21st 140 Calls.
A few minutes ago when I first starting writing this blog the bid and ask of these 140 Calls were $3.70-$4.20. They are getting even cheaper as the stock keeps falling. So here is the thing. There is no action in these options, meaning no one in the entire world is getting excited them except me. Does that tell me my thinkings are wrong? In my mind all I can think about is what the stock was trading at yesterday. It was trading for a lot more. Buying in now makes sense. Buy a couple of these Call options and hold them for a few days or more in the hopes that the stock might rebound a touch. The time period of April 11th would be a luxury to most short term traders. Thinly traded options are difficult to play however eight trading days of option life left in this series of Calls makes for an interesting opportunity. The fact that no one is playing them doesn't scare me because the option makers will have to lift their asking prices up if the stock jumps a couple of dollars. That's all it's going to take to make these options pay off. Other low volume option trading situations exist like this. They are not something to be afraid of if you buy yourself a little bit of time.*** to be continued. What the heck just happened. The stock is tanking on no news. Ugh.
The 140 Calls are now so far out of the money. Notice the volume on them has not changed.
This is not good. Let's see what happens.

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