Showing posts from November, 2022


What To Focus On - Part Two

My blog of November 27th was entitled "What to Focus On". Please read it. This week we are feeling a bit of a hangover. Last's weeks triple witching event is over. Stocks that were forced to contract in price to sqeeze out spectatate positions on them are now free to resume there old trading patterns. This Monday morning at 10:20 a.m. the Djia is up 301 points. There are also losers. So now what? Mark on your calendar exactly three months down the road how the markets traded on the first morning after one of these triple witching events and use this same logic to catch the upside on the next "hangeover" day like this. How do you pick the winners? Find a few stocks that have enjoyed a recent upswing and play them to pop on the first trading session after one of these events. This blog is just an observation.

Caterpillar Calls November 29th, 30th .Dec 1st, 2022 and Dec2022

This blogging site is about Caterpillar Puts and Calls. Try to understand the logic of these trades. Yesterday the market tanked almost 500 points, the largest drop in the last couple of weeks. Here is how the Caterpillar 230 series of Calls which expire this Friday started to trade on Monday morning. For more that five minutes after the opening bell no one wanted to buy in. That in itself was a warning to stay away. Options with four or five days of trading life are difficult to play. Or are they? So near end of the trading session, like two minutes before closing I thought about an upward opening of the markets on Tuesday. At that time afterall the D.J.I was down like 493 points! So with 116 seconds left in the trading day I bought two Calls on Caterpillar. I didn't buy the 230 Calls but opted instead to purchase the 232.50 Calls. They cost less and would offer better leverage if Caterpillar opened higher the next day. I purchased two contracts at $3.15 each. They offered me f

Nio Calls. Please Read My November 18th Blog First.

It happened again. A little drop on a weak Monday morning opening and then a rocketblast upwards. I my last blog I called it exhausting. All this action happened in the first thirty minutes of trading. Was it news related? No. The disemination of news can't happen that quickly. If you like playing short term dangerous options then watch this stock closely. Here is it's end of day readout. Tomorrow the same craziness will start all over again. A Nov30th update. Now the entire day. 173 million shares traded on the day! Trying to play options on them with two days now to go would be tough. * A Friday review and a reason for all of this activity. Remember this stock once traded much higher. *** A December 10th update. NIO was the NYSE most active share traded by share volume. It is one to watch.

Strong Days for The Electric Vehicle Stocks - Well Not Really

Here is a one day printout of some of the electric vehicle stocks I watch. Notice their fifty-two week highs. Many of these stocks are trading near their lows. About six weeks ago many of these stocks were out of fashion based on the thinkings that the batteries they are running on are depleting the world of precious metals and will be difficult to dispose of. Yet consumers still want to go electric and a few companies had good news. Lordstown Motors (Ride) had good news. A year ago a Tiawan company bought their factory and this week that same company (Foxconn) invested more money in them. More details about this follows below. Lucid had good news. A Saudi public investment fund is its majority shareholder, and committed to putting in more cash this past week. Rivian's $32 billion market cap and Lucid's $22 billion market cap suggest that investors think they'll make it. Nikola has a market cap of just over $1 billion, its own truck plant, and $400 millian in cash, enough t

BlackBerry - How Long Will the Wait Be for This Company to Turn a Profit?

I want to begin this blog by saying I am embarrassed to be writing about this company. So many investors know so much more about this company than I do. I am not privy to any inside information. I have just scanned a fifty nine page financial report on the company that you can find on the website "Sedar". I note a recent litigation settlement. The company seems to think thats all part of doing business and I note they sold their company aircraft. There are 577 million shares outstanding and they lose money. Shareholders have not had much to cheer about so far this year. Here is a three year chart and year to date chart. So far so good? Are you wondering where I am going with all this? First I want to talk about the big bounces it had in each of the last two years. Other stocks too had unusual bounces like this one. I mentioned in a blog last May the bounce on a stock called Sundial once had. Please read this next paragraph. It's the essence of what "meme stocks&quo