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Costco. It's Short Term Options

 Options on stocks in the $1,000  range often move  50%  or more in only a matter of  minutes on the opening on Wednesday and Thursday's . The trick is to  anticipate correctly which way the markets are going to move. That's a fools game you might say? Yes and no. It may not be a game you ever play but it might be something to consider to put in your bag of tricks when you are on a role. One thousand dollar stocks sometimes move five, ten or fifteen dollars on the day. If you have profits it's best to take them quickly. Costco is a prime example of that. Let's look at this mornings action. First it's five day and one day charts. Tuesday's trading was kind of choppy. Might it drop on the opening tomorrow? Here is a look at where the 1,035 series of Puts closed that expire this Friday. They closed at $8.50. It looks like Costco cycled up about five times yesterday. Given a weak market opening doesn't it stand to reason a three or four or five dollar will be i...
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Caterpillar Earnings. Ford Earnings

Here is the spin put on Caterpillar's earning report.
A heathy demand and the abilility to raise prices. No mentioning of the word covid. A referencing to 9% inflation. How management phases each little morsel is so ever important. The stock tanked on the news - on the takeaway that the company was running at full speed in a world of floods, wars and and of infrastructure building. It stock was punished. Strange. Ford had a wild and colorful story. It got punished for reasons which soon become apparent. A company still making millions of dollars in an environment amuck with change. Fourth quarter net income fell.
Tomorrow I will fill you in on why the Friday Call holders wished they had Puts. Here is what happened.
The 12 series of Calls opened up down over 90%. What a wabble. Now here is it's year to date chart.
The story of what is going to happen next with Ford never ends.

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