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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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Nio And An Earnings Report

Todays action is that a quarterly report came out showing that their car production number were down for the quarter. I have talked about this company before. Back on June 13th I wrote about the stock jumping on the news that their prices were coming down. Last November 28th I wrote about production output increasing and I wrote about the company on March 11th, 2022, and Feb 27th, 2022 when it was trading at $20.94. Back in November 2020 it was trading for over $60.00. One car they race is the fastest electric car in the world. Here is how things looked this morning after this report.
More news.
So now what. It's one year chart.
Now this. Look at how it dropped on the opening.
Now this. Nio was down $1.16 nine minutes into the opening action.
So what make of all this. Production is off, the stock is now discounted, buy "Calls" like five months out for protection and try to get a quick rebound. Here is what happened.
In at $163 and out at $238. Nio is not going away and this morning's dip was an overeaction. Plays like this are more common than you might think.** Here is a look at it a few days later. Mathematically it's inprobable that the "open interest" number has remained unchanged.

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