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Showing posts from February, 2025

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Finding A Trade To Make On Thursdays. "Walmart"

I don't like Thursday afternoons in short term option trading. A lot of things seem to happen on Thursdays like government reports coming out. I don't buy in the final seconds of trading, Call options on Boeing, Caterpillar or Eli Lilly or hoping for a Friday morning bounce. The hope today is to do find something good to trade and walk away by early afternoon. Welcome to Walmart. Options on Walmart are tight. Other stocks like McDonalds have options which trade sloppily. Let me show you what I mean by this. Good luck trying to get a fair fill if you're buying or selling. Now the Walmart side of the story on how options trade on it. Can you see the tighter bid and ask and the higher volume of trading? Step back for a second and consider this. The stock is only up $.26 cents in the first 45 minutes of trading. What does that tell us? It's waiting to decide which way it wants to go. Now this. These Call options went on to move up to $1.71 just before noon. There was the...
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"Lucid" Reports It's Earnings.

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There was not to much of a suprise but maybe a floor price has been reached. The stock is now down considerably and vehicle orders are now expected to tick up. A new more affordable EV is being launched this year that will cost less. Investors were nervous going into this report and the stock as of late has being in a precipitous slide downwards. It's going to take a day or two to process this fresh news. The EV industry is taking it on the chin as of late. Part of the good news is that Lucid is not using the word "burn rates" They also seem to have access to more cash going forward if needed. Both Lucid and Rivian are now appearing to be more fiscally responsible. Yet we now have to wait another full quarter to confirm such a suspicion. Shown above is it's five day chart and below is it's one year chart. In previous blogs I have talked about three, four and five dollar stock's and options on them. They can sometimes suprise. Is this one of those moments wh...
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Earning Reports, " Rivian" And Next "Lucid " To Soon Report."

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Vroom, vroom, vroom. Well they are electric. They don't vroom that much and that's a good thing. Rivian is not going to go away and their trucks of many designs are out working everyday. While Rivian is not going to go away it is still burning through a pile of cash and is planning a shut down of one of their lines for the retooling of a more affordable model sometime this year. Sales seem to be plateauing. That's not a good thing for start up companies to be worrying about. Here is it's current position. Trump is not being kind to electric automobile makers. China has labor costs of like $6.00 an hour or less and is selling their electric vehicles all over the world. Why, one might ask is North American so focused making consumers pay for their grossly overpriced product offerings? This can't go on forever. Now this. Rivian had a few bright spots last year like when V.W. stepped in to be a bigger partner of sort however it's lastest quarterly earnings repor...
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Trying To Make Sense Out Of John Deere.

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Last week Deere dipped on a lousy earning's report but rebounded. I wasted part of last Friday watching the stock going up, to timid too play it for the upside and yet smart enough not to try and play it to the downside. Deere afterall is 68.58% owned by institutional investors who pay big bucks to get the best and the lastest insider's reports. They were told the stock should go up. Here is a five day chart as of February 18th around 11:00 a.m. which is now two trading days after last Friday's big rally. The stock continues to go up. . How lousy was it? It was really bad. Caterpillar also recently had a really bad (not just poor) earning's report. The economy is on the verge of a recession. Farmers are not buying tractors. Read this. Scary stuff right? Sales down 30% year over year. "A shaky backdrop for consumers". Shaky is not an inspiring word for an executive of the company to be using. With new tariffs on the way and steel prices on the verge of costing...
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