CAT Puts

This could be an exciting opportunity. ...... Now its one day chart. Ay 2:49 p.m.with the DJIA average up strongly the stock is still struggling. This could be another one of those cases where it is a good time to get out (see our Exxon blog today) for the same advise. Wednesdays can be turn around days for "one-week" or in this case "three-day" options but if things are slow in happening it's just best to bail and never look back. It's called day trading.

When a stock steps up like this it sometimes loses momentum. Let's see what happens. It's Wednesday. Here we are 27 minutes later. Maybe it's time to get out and rethink things. The morning jitters might get shaken off and it's sideways pattern may continue. Now at look at how the stock is trading at 12:28 p.m. It's not much of a day to be fighting the downside. Exxon is a stock where you can play it's interday swings. It's now 1:05 p.m. and there no urgency to keep watching this situation. It could go either way. It's time like this where it's a flip of the coin. To be continued. Here is how the 119 Series of puts closed the day.

Here is this mornings chart. There is a bit of a technical glitch in the Calls and the Puts with no open interest numbers and impossible bid and ask numbers. When you look out further to January options you will see that the situation remains the same. When you see a chart like this it's best just to stay away. I will do an update later when the interest in these options get sorted out. The company continues to lose money. Polestar later in the day. Stay clear of reverse stock splits.

I have writen a few checky blogs recently about some relatively obsure company called Big Bear Ai. It does however sometimes make the list of the top most actively traded stock by share volume on the NYSE index. That's how I initially discovered it in the first place. It's a hot stock now but it six months time it may be long forgotten. Here is it's year to date chart. To today is a Monday and here is what it's chart looked like at one point last week when I said it could be a good time to catch the upside. As you can see in one of my last blogs the options on it more than doubled in price on the following day. This time the chart shows the same end of week bounce and a slight sell off this Monday morning. Could this be a good entry point? Monday morning sell-offs may linger, longer than one would think. Now this two hours later. Little has changed. They closed the day at $.31. Playing options on six dollar stocks is not always a walk in the park. Now it's Tues...

The stock Hertz, the car rental company. First it's "year-to-date-chart" and a it's "three month chart". The three-month-chart looks slightly better. In the last couple of weeks it hasn't done very much. It did however have a big jump about six weeks ago. What do I know about this company? Nothing much but the car rental business could be kind of slow because fewer tourists are visiting the U.S. and with all of the U.S. governments slashing of services fewer government employees are using car rentals services. That plus there was a big mix up a liitle while back where Hertz went all in on Tesla vehicles and ended up dumping them and taking a bath. Now this. On a different note Carvana jumped $48.21 today. The used car market seems to soldier on with some people buying used rather than new because everything costs so much. Used car prices still remain high. So here is the deal. This stock could jump up but who knows when. Here is the five series of Her...

Here are three examples that might help answer this question. Yet we are not talking about any five day period. We are talking about a five day period with the last day in that week being a Friday. That's the day of the week when many options series expire. First a look at a five day and one day chart of Home Depot. So a perky looking chart formation which is going upwards on a Thursday (Dec 5th) keeps on going upwards on a Friday. Look at one series of it's Call option action below. Very light trading and very little interest. Get in on the upside during the morning small dip on Friday morning and get out at a profit anytime later in the day. Sticking with Home depot did it's one week out Call options share in a similiar Call option experience? Here are next weeks Calls with the same striking price. Not really as they jumped 26% on the day versus the 68% increase on the "one-day" options. ...........................................................................