CAT Puts

 There is a danger in playing one dollar stocks. That plus they can be boring to watch. Many look interesting but owning them is a gamble. Here is Polestar.  Here is it's ten year chart. It's Swedish owned. Like many startup electric vehicle companies it's debt structuring is complicated and their focus on keeping their shareholders happy is low on their priority list of things to do. That's understandable. They also make some of their vehicles in the U.S. so the tariff issue is not going to be an issue. Their vehicles look kind of boring but that's because they are Swedish inspired. Money was waisted a few years ago on "super bowl" advertising. Here is how they are  currently doing. Things look better but not enough to reverse the negative sentiment hanging over it's share price. The path forward to positive earnings is uncertain as all electric vehicle manufacturing companies are facing challenges. In China some analyst say that it's a race to th...

 When it comes to option trading Costco options have a couple of things going for it. First, the reliability of it's business model. It's the retailing of the stuff people like to buy. Secondly they have a massive distribution system and it's unlikely that any new competitors will come out of the woodwork and disrupt what they have going. When you buy options on Costco you kind of know your positions you purchase are not going to blow up and obliterate you for reasons you never expected. Also on the plus side for option traders is that the stock moves up or down quickly. On the other hand it's always  difficult to rationalize the exercise of throwing money into playing the downside ( buying Puts) when we know there will be traffic jams in Costco's parking lot this Saturday like any other Saturday. Costco is not going to go away. Here is Costco's five and thirty day charts. First the five day. The five day chart shows it jumping in price on last weeks earning rep...

 For lack of better words it look perky. The stock has had a nice run as of late with good news on a number of operating fronts. In the past I have written about buying calls on Boeing for morning pops on Monday mornings. He is it's five day chart. Now here is how this weeks series of $207.50 Calls for this week closed on Friday. This series of Calls is very close in price to where the stock closed at on Friday. It will be the series of Calls which will benefit the most if the stock decides to move up in price. They closed at $2.95 per contract. That means one contract will cost you $295.00 U.S. plus a $10.00 commission give or take a dollar or two depending on who you trade with. Last week Boeing was up $4.96.   In the pre-markets this morning the stock is up nicely  trading at bid $210.39 ask $210.50 Now at 9:35 .a.m. readout, which is five minute into the opening markets.  The same 207.50 Call options are now trading at $5.10. So last week Boeing was up $4.96...