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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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Nvidia Options With Two Days To Go

Triple witching is kicking in on Friday and today is a Wednesday with the markets being closed. It's strange that they are closed but they are. The next two days of trading are going to be different. Big players with big bets most likely made closer to the start of the year now have to be rolled into something further out. If you just made $3 million dollars on stock options from trading Nvidia wouldn't you think about taking a tiny portion of the profits and put it into playing the downside? Here now are Nvidia's five and thirty day charts and soon we will looking at the crazy volume of trading on it's "near-to-the-money" Call and Put options. These are options with only two days of trading days life left in them.
Can you see it stepping up in price nearly everyday? Like up five days in a row. If you get a ruler out and join up the lines you will see that odds are, based on day to day action that's what is going to contunue to happen. Might it slip back off a few dollars or dive down twenty dollars on ugly news? It could. Some speculators think like that. Remember it recently enjoyed a 10 for 1 stock split. The stock is hot. Now this.
Look at the total number of contracts traded on the day and the end of the trading session's open interest. Think of how large these numbers are. Now the Puts.
If the stock swings $4.00 in one day somebody is going to make some money in the next two days! Let's now see how Nvidia traded on Tuesday. Remenber how the markets were closed on Wednesday .
To be continued. Approaching 1 p.m. on Thursday.
Now a look at the Call options.
Now the Puts. This time it's a 12:52 p.m. readout.
Now a Thursday "end- of-the-day" printout. Look at the drop.
Now the Puts.
Now for Friday.
Who would be brave enough to be buying the Puts on Thursday's strong opening? Think about this on our next triple witching occurance!

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