CAT Puts

Read my Oct 27th 2023 blog partially entitled "Why Solar Stocks Are Falling". Now the "year-to-date" chart of First Solar. What a drop in one month! This stock kind of fell in sympathy with the recent decline in prices of the "Magnificent Seven". Yet it is said AI could help the solar industry. Then there is the issue of NEM 3.0. If your going to play solar stocks you should know what this is. Without going into to many details and without showing the grey bars they are talking about the laws have changed about how much money you get for selling power back the grid. The government in California has cut back on the payouts associated with selling electricity to the grid in the hopes that homeowners will spend more money on in-home energy storage units. Google NEM 3.0 and then youtube videos which will explain the details of these new regulations. Yet California makes up only part of their markets. It's an industry in constant change and this stock b...

Warranty work costs on older vehicles costs money. We are not talking older-older vehicles but ones that are like two and three years old. Some warranties extend that far out. That's one of the reasons the stock is said to have declined in price. Now look at how the stock traded last week after their second quarter earnings report came out. Here is what Al Root says about things. Then there are a host of lawyers now trying to stir up the pot saying that Ford shareholders are getting short changed. They really don't have much of a case. What luck have lawyers had trying to stir up the pot for shareholders of the electric car company called Faraday Future? Not much. If you have the guts to play stocks or options on automobile companies you have to learn how to take the pain. Tomorrow is going to be another new day and Fords next challenge is to get rid of a whole bunch of excess new inventory. More discounts will have to be offered. The bottom line is that investors got ex...

With all the ups and downs it's hard to figure out what is going on. Look at these three stocks and the options on two of them. 1) Chargepoint. One series of calls on Chargepoint went up 58% yesterday in one day. It was a strong day for the markets. 2) Blink Here are it's recent numbers and the company is big on self promotion. The third stock I want to comment on is one called Wallbox. First a five day chart and then later a 'year-to-date chart'. I am not crazy about this stock because of the trading range it seems to be stuck in. It will only take off if it survives and starts to make money. Do your own research on this one. WallBox also scares me because of it's Barcelona" address. If it ends up merging with someone else you will be lucky to get your money back. My ongoing interest all three of these stocks is that the "range anxiety issue" that consumers seem to have for electric vehicles is slowly starting to go away. Even Trumph is now think...

Might a stock rebound a touch after a $100.00 a share drop in price in only two days? Eli Lilly got hit hard on Wednesday. It got hit again on Thursday as it dropped another $56.69 dollars! Going into the Friday morning session wouldn't you expect a bit of a rebound? Afterall, Eli Lilly has had an impressive run upwards on exceptonal earnings. The stock is solid but has hit some bad news. In a way this news really just a rehash of old news. Good writers can spin out little articles like this. Take them with a grain of salt. Let's now look at the action in Eli Lilly's most recent five day chart. Let's focus on how the 850 series of Calls that expire the next day closed out the day on Thursday. That's what most option traders would be focusing on going into Friday mornings trading. They closed at $20.50 per contract which means that the stock would have trade up by $20.15 to the $870.50 mark for the 850 series of Calls just to break even in one day. What a strange s...