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Showing posts from December, 2024

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Why Hertz Calls On A Early Thursday Afternoon Don't Work

First the chart. On paper it looks like this chart could rebound. Here is one series of it's "in-the-money" Calls. Here are three reasons why this situation is to dangerous to play. 1) There is a Avis Budget Group Inc. implosion happening today. A really big one. Read my previous blog. That's not directly related to this company but it makes the sector a bad space to be in. 2) The "bid-and-ask" spread is to far apart which helps to give the market makers some extra insurance. That plus the volume of trading is very light which also seems to give the house an advantage. Look Walmart.The spread is about the same but you can split the middle without affecting the "bids-and-asks" and the volumes are so much better. I like trading in that kind of space better. 3) Hertz is not the kind of company which comes out with daily or weekly updates. Contrast this to the stock Ford which seems to have good and bad news coming out every other day. With Ford so...
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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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