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Tesla and Deere Going into a Thursday Morning.

Are you able to remember my blog last Friday talking about Tesla dropping $19.00 in one day and it's Puts jumping up a zillion dolllars? Here are the closing numbers on Tesla and Deere today, Wednesday September 11th. They are difficult to read but Tesla closed at $228.13 and Deere at $388.59 Now look at the sightly "out-of-the-money" Calls on both of these two stocks which expire at the end of the week. Now the Deere Calls. .................. Now look at their one day charts. Remember I have repeatedly said that Wednesdays ( in the context of trading one week options) are the best days of the week for turnarounds situations. Look at the one day charts and look at the gains on the day that both of these option series had. They both took off on the upside after a morning dip. I will continue to track the movement of these two series of Calls over the next two days but the context of this blog is a blog in itself. Wednesday once again can be turn around days. Happy tr

Electric Car Charging Stations -Trying To Understand Where The industry Is Going

There are new developments in the electric charging station story. The U.S.government is on a mission to go green and is pouring money into the industry. Investors are starting to wake up to this action. Many people have followed the charging station story in great detail. Stocks in this sector have a history of large swings. EVgo and Blink are two names to researh. EVgo was up $2.29 last week to $7.79. Revenue rose about 150% in the electric-car charging network's December quarter to $27 million. It expects 2023 sales between $105 and $150 million. Here is it's five day and three year charts.
Now look at Blink. Here is it's five day chart and thee year chart. Going back two years ago it went from $2.00 to almost $50.00 in six months. Short sellers love this company but the love affair might come to an end when government contracts start to kick in.
Then there is Chargepoint which gets a lot of attention.
Yet another stock in this space is Fuelcell Energy.
Last week many of these stocks got a major lift as more eyes are now starting to watch the industry.
But wait, read this.
So my conclusion. It's an industry which is growing however do your homework. There will be winners, losers and new companies entering the fray. Eight dollar stocks can sometimes drop to three dollar in a matter of months. Yet then again there is a big push to get connected. One thing is for sure. We are going electric.

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