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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...

Mullen : A Quick Read On A Fascinating EV Development - Updated December 2023

The companies CEO has written this letter to his shareholders. First a look at how the stock is trading.
So here is the thing. There will be more investigated news coming out shortly on how the stock is being manipulated. Good luck on trying to figure that out. Amazingly the company has gotten this far and they are promising new vehicle deliveries in the next five weeks. That will be a major acheivement. Yet they will still need more money if they want to open up a new 650,000 square foot factory. This qualifies as a junk stock and most people would never waste their time following stories like this. It is however interesting. David Michery is not having fun times. *** Look at what has happened in the time it took me to write this blog, it dropped another 13%.
Now look at an end of day chart and the volume trading. One day reversals like this are rare.
It's back up again to $.74.** A Sept 3th update. Michery spoke out on a talk show called "Making money with Charles Payne which aired on Fox Business". He offered the following comparisons. The stock continues to fall.
What a crazy month of trading.** An Sept 15th and 18th update.
This stock still has a following. If Ford and G.M. are losing money how can a small little company like this ever make a go of it? Good question. Traders however still seem to like the action.
Now a December 2023 update. If you want to start watching this stock from this time forward you can.
It's still an exciting story.

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