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The Sliding Door Syndrome - Hertz

 Open the door and guess what might happen? Who knows which way the winds will be blowing. The used auto car market got dumped on last week in the U.S, especially on tariffs new.  Trump said he might raise the tariffs on cars to more than 25%. It's a fickled  market. Here are a few of the sell offs. 1) Carvana Company. It sold off over $21.00 dollars on the day last Friday. They have a reputation for having share manipulations with a long history of  insider "buying-and selling-activities". They have a short interest of 5.3% . It didn't help much that the DJIA was down over 700 points on Friday. 2} Carmax also sold off on the week. They have an earnings report coming out and that could cause the stock to drop but maybe not. It could actually rally. Here is it's one week chart and a conference call dial in number. Listen to it if you like. I might be. Now here is a look at the 65 series of Calls on this stock that expire this coming Friday.  On Friday morning at ...
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Boeing Exploded upwards and So Few Players Caught The Ride

In a recent Blog I made the comment many options players shy away from playing Boeing Calls. Why? Well it can be a mentality exhausting exercise. Boeing profits suprised this morning. Look at the price increases on some of these Boeing option series. -
These are the Boeing 220 Calls and the ones most likely to be on the radar screen of short term option players. There are only 1,839 outstanding option contracts open on this particular series of options and only 243 contracts traded just after the early release of this news. This are truly insignificant numbers compared to the usual number of outstanding open option positions on stocks like Apple. So the question is why were so few players waiting for this news release and trying to play it with Call options hoping it would go up? Why were expectations so muted? The takeaway. This will go down on the records as being one of the summers of 2021 best option trading situations. Analyst totally got this one wrong. It will also be a wakeup call to the importance of focusing on other near term earning releases. ** to find my most recent blogs like yesterday's blog about Deare scroll up to the top left icon which then takes you to earilier July blogs.

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