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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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Why Not To Focus On Nvidia?

An earnings report is coming out this week. What a wild run it has had. So many traders are watching it. Here is it's 30 day chart.
It's Monday morning on August 26th and here is how this weeks "out-of-the-money" 130 series of calls are trading. Over 31,000 contracts traded in the first 25 minutes. This is only one of many series.
Now here is it's five day chart.
Imagine catching it last Thursday when it dropped ove six dollars with options that expired the next day or catching it last Friday on one day options rebounding four or five dollars? That's where the real action was. Waiting now for the release of it's second-quarter earnings report after the markets close on Wednesday, August 28th is a fools game. Now a parapraph on AMC Entertainment. I don't really follow this stock however I was watching the five series of options trade trade on it last Thursday and Friday when the stock waivered around the $5.00 mark. What a seesaw. Look at how this weeks expiring five series of Calls jumped on the opening today. What's that all about?
Look at how high the Call options popped just after the opening. These same Call options closed at $.12 on Friday.
My point is that there is a sweet spot for options with a five dollar striking price. It is on Monday mornings with options that expire at the end of the week if the stock you are watching is already trading at $5.00. Don't ask me why it happens but it sometimes does. One final thought. With interest rates set to decline one beneficiary should be solar stocks. I read about is relationship frequently. Why not be in options on solar power stocks just before the markets close on a Friday afternoon?
This particular option series doubled in price from it's Friday close in the first sixteen minutes of trading. Good option traders can be finished trading by 11:00 a.m. on Monday mornings.

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