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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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The Chaff From The Hay - Deere

Here is Wall Street putting a spin on farming.
What does all this mean for Deere and how this stock trade? Look at it's one year chart.
I have talked about options on Deere before. It's options are thinly traded and money can be made taking postions thirty days out and guessing right which direction it is going to go. Stories like this can help to change the needle. Now I would like to show you an example of an October "out-of-the-money" Calls.It is buying one months of time. Deere is at $372.00 and it would have to go up to $385.00 just to break even. Look at the chart. Is that a reasonable expectation? On first glance you might say that this series of Call option is to expensive. You might also say look at how insignificantly small the "open interest" is.
Let's now move forward one week and show a one week chart on Deere and revisit these Call options to see where they are now trading.
Ouch! That's what happens when Deere drops eighteen dollars in one week and your caught going the wrong way. Deere Calls and Puts can be good vehicles to use to catch directional moves in volatile markets.

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