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Showing posts from July, 2022

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Exxon Calls Options And War.

Last Sunday I started this blog and never posted it. Here is how it started. The next few weeks will not be normal times for Exxon options. Trading them for the last couple of months has being a walk in the park with crude oil prices stuck in a sideways moving price range. All that is suddenly going to change. Now on Tuesday afternoon I am showing you this five day chart and what one series of this week's Friday expiring options are trading at. The 152.50 series of Calls that expire this Friday. Now this at 3:13 p.m.. Let me point something out. Exxon spiked on both Monday and Tuesday morning. It seems to do that with the world waking up to new problems. In the opening minute or two of each trading session a feeling of panic is in the air. Will this happen again tomorrow morning? In my most recent blogs I have being emphasizing the new need for option traders to adjust their trading horizions to interday moves only and to avoid to trying to create overnight holdings. Let's wh...
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Ford - Earnings Come Out This Week. The Action on Monday - Thursday - This One Is A Good Read.

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It starts off slowly.... a storm in the brew. Earning reports are coming out for a multitude of companies this week. G.M. is one and a day later Ford. Rising rates means lower vehicle sales. But what's going to happen when the first 25,000 Ford electric truck drivers start to tell their friends about them? It's one of the weeks of the year many odd balls like me look forward to. So much can happen. It will be quite a ride.Here is where the 13 series of Calls and Puts are trading at 9:42 a.m.. Notice the bids and asks are tight which I like so that every ten cent move in the stock's price sets them off in different directions. Here now is what it's five day chart looks like now at 10:05 a.m. going into an earnings release this Wednesday. Ford didn't move all day and here the closing Call and Put readings. Now here is the news going into Tuesday's markets. Now a look at the Ford options twenty minutes after the opening bell. "/> It is interesting to...
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