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Five Dollar Options. Hertz

First a year-to-date-chart and a three month chart. The three-month-chart looks slightly better. In the last couple of weeks it hasn't done very much. It did 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 Hertz Calls which expires this Friday. These options don't buy you enough time. They ar...
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The Power Of "One-Month-Out-Options" For Short Term Gains.

It helps when the markets rally on a Monday but that's a secondary issue.
This blog is about stocks in the seventy dollar price range with options on them staggered in thirty day intervals. Is trading in options which trade in only in thirty day intervals better than options on stocks in the same price range that expire every Friday? My experience is that options on stocks that trade every thirty days tend to attract less interest which in turn means that they are less susceptible to "market-maker" manipulations. Yet this isn't really a point I want to debate. Now this, a look at the seventy series of Calls on "Carmax" at the end of the trading session today.
Bid 5:70 ask 5:90. Only two options traded on the day. Let's now look at it's five day chart.
So it jumped a touch but nothing to crazy. Now this, I did a blog last Friday, my previous blog where I showed what the same options were trading at on that day. Here is the printout I want to show.
A 10:39 a.m. readout on Friday morning showing only three option contracts traded with a last trading price traded of $4.07. Is there a lesson here to be gained? Yes, thinly traded "one-month-out" options can be successfully traded. What appreciations are there to be gained? Well there is less market maker manipulations. When you put in a closing sell ticket for only one, two or three contract and if the trend of the stock is upwards you will get a fill without going through the game of watching option makers wiggle the "bid-and-ask" in their favour. One month out options, played correctly are also less stressful to hold because the premiums built into an options price for it's time value will not disappear as quickly as the premiums built into one week out options. That's just the way I see it.

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