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Showing posts from November, 2021

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One Week Options. Are They A Good Bet In Times like This?

Look at how these these four stocks traded last week. 1) What a great week for one week Call option players on Boeing even though the stock ended up down .83 cents on the week. 2) Roku. Roku hasn't yet recovered from a not so good quarterly report. Roku lost $1.13 on the week. (Netflix in somewhat the same space was up $35.780.) 3) Disney suprised. I talked about that in a recent blog. 4) Now Caterpillar. It was up $12.83 Now The D.J.I. was down .11% or basically flat. In good times Call options can be your best friend. To be continued.

The Corporate Update Conference Call - Electrameccanica

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To listen to this call anytime in the next next few days before they take it down. Call 1-844-512-2921 and use this pin number 13724898. Electrameccanica is a Vancouver based company is now building an electric three wheeled vehicle called Solo. They are currently on display at the Los Angeles Auto Show to help build brand awareness. The company now has capacity to build 20,000 vehicles per year in China and plans to build that many more a month also here in in Arizona. Will they sell? Yes. Priced from $18,500. One model is a cargo carrying designed vehicle. What a great way get small packages moved across the city. At top speed of 80 m.p.g., a one hundred mile range and a warranty for 20,000 miles. They will sell for many reasons.They would be fun to drive. The companies working capital now is $238 million and zero debt. Any hicups? Cash flow perhaps. They still have a big way to go. Here are my comments on the conference call. The questions at the end of the call were from no nam

The Concept of Playing Thursday Options Which Expire the Next Day. Part One

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Thursday morning trading patterns in the first hour of trading reflect human emotions running high. Could your favorite stocks in the $200.00 and $300.00 price ranges jump up three dollars on Thursday and three dollars on Friday? Wishful thinkings often shared by option traders on Thursday mornings. Yesterday Boeing jumped up over $4.50 and then down over $7.00. Will it jump back up agian today? It's Call options look so tempting knowing what the stock sometimes does. Then there is Caterpillar which was off during the last two days after jumping up earlier this week on government stimulus news. Why isn't that stock flying? This morning I used the "out-of-the-money", the Caterpillar 212.50 Call option series that were like four dollars "out-of-the-money" with one day to go for a short term ride. Was I dreaming? Not really. Caterpillar had a strong opening and these options remained relativly flat because they were so far out-of-the money. I bought in at a p

Hog

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When it comes to option playing are stocks in the thirty and forty dollar price range good options to play? I would say generally no. Why? Well, it generally takes good news or bad news to cause stocks in this price range to move and they can sometimes go sideways for months and months. Waiting for good news or bad news is not an exacating science. There are exceptions to this thinking, sometimes offbeat airline company stocks for example go charging up quickly for a week or two when it becomes apparent that material changes are happening in their operating environments. Five, ten and 15 dollars stocks and stocks like Caterpillar and Boeing that cost a lot more are where the action is. Harley Davidson (Hog) recently had good news and here is how the stock reacted. Once again, options on stocks in the thirty and forty are not as much fun to play.