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CarMax Puts?

 Here is the number. Call in to listen to their just released quarterly report. You won't have to talk to anyone. It is 800-839-1247. In about five days this link will disappear. Please listen to it. I listened to all of it once and to the first half of it two times. What I learned is that their retail car sales on the quarter compared to the same quarter a year were up 6%. They purchased 336.000 vehicles from the public, up 7% and 48.000 from dealers up 38%. Their average retail sale price was $26,100, down $400.00 per vehicle from last year. They doubled their share buy back program. AI technologies are now helping them operate more efficiently. Everything seems positive. But wait, we are talking about  the used car business and what could happen if consumer confidence suddenly starts to wain? Look at it's three year chart. It now sees to be hitting a rough patch.  Now a one month chart.  All of this talk about tariffs and what level of tariffs will be imposed on n...
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What Do You Do On A Strong Opening?

There is not much you can do because you have missed the boat. Look at these charts this morning.
What an opening. Caterpillar went on to close the day out up $17.20.
A crazy opening. Now look at this. A Costo 640 Put at 9:44 a.m.
Now look at how this Put closed the day.
When you see a stock struggling in a market on fire to the upside it means it could be a play. *** Here is Costco on the opening the following day which is a friday. In these kind of markets you have to take profits when they are there.

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