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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...

Home Depot - Snakes and Ladders- Hurricane Season- Hurricane Ian

Here is a one day chart and a five day chart. Home Depot closed up $2.30 on the day however the markets were off. Home Depot can jump in Hurricane Seasons.
Now the five day chart.
Here is my buy in at the end of the day with three seconds to go.
Look at how these options traded on the day.
Florida might get hit tomorrow. Talk like this can go away as fast as it came. Two days ago no one saw this coming. An 8:30 a.m. Wednesday update. Let's back up a second. Look at how strongly Home Depot opened up yesterday and look at how light the volume was on the day. In a way this play is "old news" and the question is, am I one day late in coming to the party? These options still have three days trading life left in them. Do I want excessive demands on my time going forward? Is this a wise application of effort and creative energy? I could bail in the premarkets and take a profit and never have to follow this news again. The connection between Home Depot going up in price and hurricanes is, in a way kind of an "urban myth". I don't like babysitting option positions based on pending news. Here is what happened. I got out with a premarket order where I picked the price I wanted.
A early morning readout.
The hard part was guessing the price to put on the sell ticket.*** Here is the closing reading on these same Calls.

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