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CarMax Puts?

 Here is the number. Call in to listen to their just released quarterly report. You won't have to talk to anyone. It is 800-839-1247. In about five days this link will disappear. Please listen to it. I listened to all of it once and to the first half of it two times. What I learned is that their retail car sales on the quarter compared to the same quarter a year were up 6%. They purchased 336.000 vehicles from the public, up 7% and 48.000 from dealers up 38%. Their average retail sale price was $26,100, down $400.00 per vehicle from last year. They doubled their share buy back program. AI technologies are now helping them operate more efficiently. Everything seems positive. But wait, we are talking about  the used car business and what could happen if consumer confidence suddenly starts to wain? Look at it's three year chart. It now sees to be hitting a rough patch.  Now a one month chart.  All of this talk about tariffs and what level of tariffs will be imposed on n...
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Ford - One Billion Dollars

Here are two random five day charts on Ford.
This second chart is a reaction to an earnings report.
The stock has no problem jumping up and down. Here is the action on Sept 20th, the biggest one day loss in over ten years.
On this news the January 14th 2023, series of Calls sold off almost 50%.
Here is a one year chart.
Going electric is going to cost billions of dollars. If this stock wiggles down a tad more this would be an excellent entry point. Releasing this news today was somewhat irresponsible. It could have waited until it's next earnings report. Further guidance offered today calls for a return to normality. What do you think? Here they are again two days later on Sept 23th They are now down about 25% in two trading days with the stock down another chunk.
Ford frequently has news. Good news will cause it to rebound.

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