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The Sliding Door Syndrome - Hertz

 Open the door and guess what might happen? Who knows which way the winds will be blowing. The used auto car market got dumped on last week in the U.S, especially on tariffs new.  Trump said he might raise the tariffs on cars to more than 25%. It's a fickled  market. Here are a few of the sell offs. 1) Carvana Company. It sold off over $21.00 dollars on the day last Friday. They have a reputation for having share manipulations with a long history of  insider "buying-and selling-activities". They have a short interest of 5.3% . It didn't help much that the DJIA was down over 700 points on Friday. 2} Carmax also sold off on the week. They have an earnings report coming out and that could cause the stock to drop but maybe not. It could actually rally. Here is it's one week chart and a conference call dial in number. Listen to it if you like. I might be. Now here is a look at the 65 series of Calls on this stock that expire this coming Friday.  On Friday morning at ...
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Deere and Company and a Bounce On Earnings

Deere bounced on Friday on earning reports. On Thursday the stock closed at $372.27 and the 370 Calls which expired the next day closed at $875.00 That's kind of rich, right? Now here is what happened.
Now the 370 Call option series.
Remember that the 370 Calls closed at $875.00 the previous day. Look at how they jumped to just over $22.00 on the opening bell. Over a double on your money. Profit takers then came in to drive the price down as this was expected news. Some traders play options like this. Others do spreads, where they will sell an "out-of-the money" Call and an "out-of-the-money" Put that expire in one day on Deere at the same time and hope they both expire worthless. More about that knd of trading at a later date.

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