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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...

ELECTRIC VEHICLES AND DANGEROUS UNKOWNS

This stock Mullen Automotive was mentioned a few blogs back.
Look at the trading volumes swell upwards. Months ago I talked about SEV, a German electric car maker now getting squeezed for cash. Could this story for Mullen end up being the same? That's the danger.
Is this a momentum play? Here is some recent news.
Posted on the internet is the following.
Stocks under one dollars in startup companies are kind of taboo.

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