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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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Walmart- Milking A Good Thing

For the past month I have talked about Walmart. Where do people go shopping when times get tough. The markets on this Monday morning opened lower and then good old Walmart popped again. Look at these three series of this weeks Calls.
I don't want to say this is going to happen forever but what a ride.
It also goes to show you how 30 day Call options can be your best friend. Now this.
Everyone is entitled to an opinion. Perhaps Howard wrote this before options were a thing.

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