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McDonalds Again And A Follow Up To Yesterday's Blog..

Option traders on Friday mornings just want to be in and out in the first hour or so of trading on short term options. In the second half of the day most of the action calms down. McDonalds sold off a little bit yesterday afternoon and firmed up a bit towards the closing. Could this "mostly downward trend" continue? Here is a partial look at some of the opening bell's activity. Today is a Friday however let us first look at how the stock traded yesterday. Now a look at it's trading pattern at 9:32.22 a.m. The McDonald stock jumped up $4.98 and the 317.50 Puts we followed all day yesterday which are now "out-of-the-money" acted accordingly. They shrunk in value. During the fist 2.22 minutes of trading they traded down to 34 dollars a contract. Now this. In the first three minutes of trading the stock jumped a bit and then started to come off a touch. These Call options where not attacting all that much attention. The bid and ask jumped up on no volume. ...
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"Village Farms" and a Revisit to This Blog on August 28th

Do you have one hour and one minute to listen to a conference call? It's a slice of what is happening in the Canadian cannabis industry spoken by the insiders of one Canada's largest growers of it. These insiders were not afraid to talk and they seem to be on top of their game plan.
If not, here is the final sentence of it. "We are confident we will lead the industry going forward". At lot of old timers will now start to follow this stock.These guys have huge growing facilities. Listen to what they have to say. It deserves a listen.
Is it the dawn of a new day? You decide.
Now two weeks later the excitement is fading away.
These Calls have dropped to $.15 cents from $.20. Six months is a long time away. A December 2023 update. How did these March Call options make out? Look at this chart. The stock charge up to over $1.50. Yes they would have paid off large.

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