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CarMax Puts?

 Here is the number. Call in to listen to their just released quarterly report. You won't have to talk to anyone. It is 800-839-1247. In about five days this link will disappear. Please listen to it. I listened to all of it once and to the first half of it two times. What I learned is that their retail car sales on the quarter compared to the same quarter a year were up 6%. They purchased 336.000 vehicles from the public, up 7% and 48.000 from dealers up 38%. Their average retail sale price was $26,100, down $400.00 per vehicle from last year. They doubled their share buy back program. AI technologies are now helping them operate more efficiently. Everything seems positive. But wait, we are talking about  the used car business and what could happen if consumer confidence suddenly starts to wain? Look at it's three year chart. It now sees to be hitting a rough patch.  Now a one month chart.  All of this talk about tariffs and what level of tariffs will be imposed on n...
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A Blogging Website About Caterpillar

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!

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