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Showing posts from December, 2024

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Netflix And It's Ten For One Reverse Stock Split

No longer is Netflix a $1,000 stock. Now the common man can buy it. That's the new logic. Today Netflix is now trading after a "ten-for-one-reverse-stock-split". Netflix was up $8.51 last week when it was trading at it's old level of over $1,000 per share. Perhaps the street was buying in last week on the hopes that a new wave of buyers will be buying in at this weeks newly adjusted price. Now this, it's five day chart. Now this weeks Call and Put options an hour or so into the opening markets. Whatever happens it's not going to be a comfortable ride. Maybe it could go both ways. Now it's end of day readings. ..... ..... Here is how the markets closed the day. The now current question is which way will this stock trade on an upward day? One unusual factor is that the open interest in the Puts far outweighs the open interest in the Calls. To me that's counter intuitive. To me that looks like trap for all the Put holders. Usually there are more Call...
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G.M. A Four Minute Read That Will Make You Smarter. Do You Have Four Minutes?

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Well actually it's a six minute read if you also want to read about an interesting dangerous Ford Call trade. Read this. I talks about the big picture. Look a how much money is being tossed around. Now ford. First it's five day cart. What happened? Well good news just came out that is being interpreted as being bad news. Now a look at the Call options that expire tommorrow Dec. 6th and next Friday Dec 13th. It will be interesting to see how this situation turns out.**Ford dropped in the last minute of the trading session with over 5 million shares getting dumped in the last minute of trading. Here is how the 10.5 series of Calls with one trading day left in them closed. Tomorrow will be interesting.
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Vinfast Hits The Lottery! And AMC. "Action On One Week Five Dollar Options"

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This post is easy to write. It's also something skeptics of option trading should read. Look at how all on the options exploded on this one. Here is why. Both of these articles were from Nov26th and 27th. Why the time delay in having this stock pop is something I don't understand. Back on Sept 5th and Oct 27th I did I blogs on this stock. Go back and read them. Both times I ended these blogs by saying "Do your homework on this one". Read my blogs about playing options on $5.00 stocks. Here now is how Vinfast closed the day. Now look at how the five series of Calls closed on December 5th (with only one trading day of life left in them). Profits on options on five dollar stocks come and go quickly. Here is a quick look at another company with $5.00 options that expire tommorow which had a few hours of glory in the last two hours of trading today. AMC Entertainment. *** The AMC story is complicated and the stock price is manipulated. These three snippents tell par...
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