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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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Fun With Charts - Deere and Two Days To Go.

Here is it's five day chart Thursday morning at 10:00 a.m.. What a "see-saw". Now here is where the Calls and Puts on it that expire tomorrow are trading.
Now the Puts.
Here now is what the markets are doing.
So how do you play it? The DJI did drop over 300 points yesterday and Deere surived the day relatively unscathed. Well one comment I would like to make is that both of these series of options are cheap, thanks in part to it's the range bound chart formation. Yet the stock could explode up or down so this is one of those rare situations were buying one or more than one of each of them might be the way to go. Let's see what happens. An 11:00 a.m. update. The Calls and Puts.
Look at the spread between the bid and ask? Option makers know that when Deere starts to tank it tends to move quickly.The Puts turned out to be the real winners had you opted to play the downside.
Now look at how Deere closed out the day. First the five day chart.
Here are how the markets closed.
Deere really did nothing in a strong day. So now what? What's going to happen tommorow? It's earning report is not happening unit the 15th of this month. The Friday morning opening. Here is what happened.
Now here is how Deere closed out the day.
Now here is some information about at past Deere blog.
What do you think will happen with it's earnings report in a few weeks?

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