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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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Boeing, Ford, Caterpillar and Tesla All Charged Upwards On The Week and Nio

Perhaps the best week of the year for Call option players with a short term perspective.
Tesla for example up like thirty dollars on the week. There were short term options on it that increased ten fold. The little exercise I wrote last week about buying Ford Calls at six cents each that ended up on the week selling for over one dollar each a contract actually happened. Is there a need to teach people how to play options? Yes and no. There is an expression 'knowledge is power'. There is the expression 'the rich get richer'. There is a proverb that says 'you can lead a horse to water but you can't make him drink'. But then again people have mortgages and bills to pay and money to play option with doesn't grow on trees. Who am I to tell people what to do? Spreads and straddles and doing iron condors. Sophisticated option traders describe the experience of playing options to being like driving an airplane and pulling levers at the appropriate times to help level out the ride. What do I enjoy the most about option trading? I like earning seasons and reading or hearing the comments made by company directors about future stock projectories. Harley-Davidson for example talking about more normalized markets for them ahead. I like listening to earning conference calls. I like focusing on the four stocks listed above because to me they are all "workhorse" stocks that have stories to tell. Somedays or weeks I like to walk away from the markets knowing that when I come back my absence away in a strange sort of way will actually help me focus on new opportunities with fresh eyes. That said, it's Monday morning and the markets are opening in two minutes. Have the markets run out of steam? Look at this action on the first fifteen minutes of trading. The auto stock Nio I talked about last week. First look at the one day spike it had last week. Does that suggest it could happen again?
Wasn't the stock ripe to have a repeat jump this morning?

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