Posts

Showing posts from April, 2023

Featured

Polestar

Remember Polestar and it's recent reverse stock split? It was a 1-for-30 reverse stock split effective December 9th 2025. Now it is rebounding back upwards. But wait, the option makers are making sure use can't use these short term options as a way to play it. Look at this, options on it that expire at the end of this week. No volume, no open interest and a crazy wide bid and ask. What about it's further out Calls? Here is one series further out. Last at $3.30. They are priced reasonably. Four month buys you a lot of time. Now look at these other four EV companies over the last 90 days. Given the volatility in all of these options maybe Polestar's four month out options do have some creditability.

A Blogging Website About Caterpillar

Image
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!