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Showing posts from June, 2021

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Ford Options At The Start Of The Week. Why trade Them.

Ford one week options. It's kind of random. Throwing money into one week Call options on a stock that was down last week. Here is how the 12 series of Calls are priced going into Monday's opening market. . If the stock has a good day these options could go to $.90. It's not much of a trade however if you're using a discount broker to do your trading it could be a good "in-and-out" situation. It could also be a real drag if the stock starts to tank lower. Now look at this recent five day chart on Ford. I used it in one of my previous blogs. Ford is known to jump on good news. Now this question? Does the simplicity of my thinking scare you? I also follow Nio but I don't like the way it trades. Here it is going into todays opening. Nio like other EV companies are battling it out for market share. I don't trust the narratives of what they are up to. Five day out options ( options that expire this Friday) in a way give you a one day free ride, meaning th...

Spacs

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Are a new animal and sometimes go dormant until something happens. If your a fan of "Caterpillar","Ford" or "Boeing" options you're not really looking in that space. Sometimes it nice to have a list of "outside the box" companies" to watch. Here is one of those list and here is my experience with one of those such companies. Well, not the exact list but one similar to it. - this one with the symbol "APXT' I played it yesterday and today. In at noon yesterday, ten contracts at .35 each and out the next morning June 3th 2021 at 7:14 a.m. at .95 each. I kind of saw it go up after I bought so yes I did put in a sell ticket early in the morning at a price I was thinking it would hit. What happened was kind of interesting. Call it a perfect storm as the company came out with a news report. Option traders know that one dollar increase on ten dollar stocks can do wonders, even if we are talking about regular stocks and not spacs. A ...