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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...
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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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