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$.55 Cent Option On A Monday Morning. Nike

Here is a difficult chart to undestand. It's Nike's five day chart. It appears the world cup tournament has not helped their cause. Do you like this chart for playing the upside? What I like about it is that it seems to have false starts. At the same time I respect the fact that playing short term options in this price range often ends up with disastrous results. Yet saying that, I also know that $.55 option contracts can often double in an hour or two and it's Monday morning which is still all so early in the trading week. ....... Let's see what happens. Now here we are at 11:00 a.m. A safe bet would be to get out and say thank you for a nineteen minute ride. Monday morning resets like this are more common than you might think.* Now this at 1:00 p.m.
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Livewire - Again - Joby Aviation - Unusual Machines

 From the verge of extinction to new life. It all happen with a few sentences offering guidance. The strange thing is that this news came out May 1st.




One dollar to three dollars in a couple of days. Why is this when the last real news about things was back on May 1st? Management is guilty doing a terrible marketing job over the last few years. But wait. It was public news for the last little while that a police department was experimenting with their electric bikes. If nothing else the use of this electric vehicles would be a moral booster to the lucky cops who got to play on them. What happens if more police departments agree to experiment  with these bikes? I followed this situation but stayed away. One dollar stocks are dangerous. Now here is it's three year chart.

While the companies fortunes may be changing I still will be staying away. I missed the boat. That's life. Here is one look at one series of it's next week options.
To be continued. A second stock with a  "it's to late to the party story" is what has just  happened with "Joby Avaition".

It jumped on this news.




Before we get all excited about this jump we have to look at it's one year stock price movement.
This stock has a history of jumping on news releases like this. Basically it's a stock to buy only when it seems to be in a period of being "out-of-fashion". It's "out-of-fashion" right now.

A quick note about "out-of-fashion" options and you be the judge.

Here is a chart of "Unusual Machines Inc."  It's a five dollar stock. Options on $5.00 stocks can be interesting. This stock shows a pattern making surprise leaps. Will it jump again ? It's an obscure offering. Calls that expire in November.
One contract has sold so far today. November is a long time away.   Here is how "Livewire" closed out the week. It closed at $1.01 on Thursday's close!
Now back to the action on Unusual machines a few days later. 
The options have jumped. November is still a long time away but these are nice profits to take.
 To be continued . They hit a high of $2.00 on June 2nd.
A June 2nd update.
Above is a June 3th look at unusual Machines.
More May 3th news. Joby jumps on more good news. They are taking on a new partner.

The aviation theme is suddenly getting a lot of attention.

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