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Ford Calls and a Big Surprise.

Look at this Ford chart on July 1st. Now todays Call options. Every quarter these types of reports come out. This one was good. Watch for it Next July 1st. A $2.00 option went up to close at $37.00. In my introductory remarks to this blogging channel a few years ago I said many old farts driving Mustang convertables paid for them from money made on playing Ford options. This bounce today in the Call prices based on this good news report of rising sales was one of those events. Now this, the strenght continued into the following day which is Wednesday July 2nd. This is a short week for option trading with tomorrow being the last day. Action like this is extremely rare.
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Working The Market To Make $200.00 On A Friday Morning

"Boeing" was nervous on the opening and "Caterpillar" flexed it's muscles in the usual way. I had an hour to spare but wasn't interested in following the market all day so I did some trading, 3 buys and sells and got tired towards the end and closed out the third position to get on with my day. The end result was a $200.00 profit. Here is what it all looks like.
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I could have done better but I am o.k. with what happened. Early Friday morning trading can work well if your focused. I was out in just under 50 minutes."Boeing" closed down the day forty cents and "Caterpillar" closed up eighteen cents. It was a day which was difficult to break their bank.

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