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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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All Eyes Are On The Fed

Option traders with multiple screens open will sometimes be able to detect unusual events about to happen that manifest into sure thing trading opportunites. It happened one day this week when Chairman Jerome Powell made some forward looking statements. Here is what happened. Watch as a multitude of widely traded stocks dived in the last forty five minutes of trading.
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It's difficult to capitalize on events like this you might say. Yes it is. My point is however gifts to short term option players do sometimes happen.

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