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Costco And Dangerous Fruit . It was Like Robbing A Bank

Let's zoom in on a dangerous Friday afternoon option trading situation. Do you want to try and rob a bank? Look at this chart. It's zig-zagging and it's Costco is down $2.02 a 1:42 p.m. on a Friday afternoon. It's one week options on it that expire at 4.00 p.m. actually expire at 3.00 p.m. for retail traders . Might it jump a couple of dollars or more in the next 78 minutes? That's the bet to rob the bank. I like it. Past blogs have talking about Costco moving $25.00 and $35.00 dollars in one day. If your ahead of the game from trading all week you can afford to explore this situation. Here now at 1:40 p.m. are it's three series of "out-of-the-money series of Calls". ...................................................... .......................................................................... So what ended up happening? Costco exploded upwards. I will now only show you one of these series of Calls and how they were trading at 3:00 p.m. which was t...

Joby Aviation - A Quick Recap

 First it's five day chart.



Toyota Motors increased its stake in the electric-aircraft manufacturer to 128,454,401 shares. It did so through the purchase of 49,701,790 shares pursuant to a stock purchase agreement on May 22nd, 2024 at a price of $5.03 a share. Following the latest purchase , Toyota own's 15.3% of  Joby  Aviation's outstanding stock. 


Now two  slightly longer tern charts showing the same thing.. Can you see the volume pouring into it?



This is still a dangerous stock to own or to play options on. Toyota however seems to have faith in it.  That in a way provides a safety net to owners of this stock.. Recent Call option holders have done extremely well . So has Toyota who got in at $5.03.

Now this. More new cash is flowing in.
This could be a good thing.
This company is not going to go away.

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