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Showing posts from April, 2023

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Carvana - Short Term Options.

It's not an average day trading in the markets. Trumph creates suprises. Look at this printout. It's difficult to read hoever only Carvanna is down. They all trade in the same space. Now look at it's chart. . Now this. It's Thursday morning and these contracts expire tomorrow. Why would you even want to trade something this risky? One reason is that this is a "crooked-stock" that some traders follow. The company buys and sells cars and switchs numbers around to different controlling interests. With this stock anything can happen. It should come as no suprise that there very few option trader's willing to trade them. It's now 11:23 a.m. and nothing has changed. Now an "end-of-day" five day printout. Here is how the DJIA ended up closing the day.Notice there was no spike in trading volumes at the end of the day. That's strange. Let's see what happens tomorrow. Here are the markets closing readings. Notice Avis up $16.02 on the day...

A Blogging Website About Caterpillar

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Ok. I am guilty of falling asleep at the switch. Caterpillar had great earning report this morning and the stock tanked on the opening. Here is it's five and one day chart. Now the highlights of the report. So now what do I want to show. How the different series of Call options traded. Notice the volumes in the 200 and 202.50 Calls. Next to no volume. Notice the rewards on the higher priced "out-of-the-money" Calls. Big rewards. In the ninety minutes of trading this morning the stock was off slightly. What an opportunity missed!