Featured

Nvidia Options On A Monday Morning.

Itching to find something to do in the markets on a Monday morning? What about Nvidia options that expire at 3:00 p.m. You are gauranteed that the liquitity found in these options will be great. The markets are opening somewhat sideways with some strenght in the Nasdaq as shown as of 10:20 a.m.. The real action happened in the first few minutes of trading which is commonly the case. Look at this early morning readout just ten minutes into the trading. ... What do we see happening? Focus on it's chart. Nvidea closed at 215.62 and opened at $215.70. Then it moved up slightly like it did on it's previous Thursday's opening and to a lessor degree on it's Friday opening.( This is a five day chart chart as of 10:45 a.m.). In the very first two minutes of trading the Puts slipped down to $.70 cents. It was a case of buying in on the slight upward spike in the first minute of trading. "Slight" but still enough to cause "Option makers" at that time point i...

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast

Look at the one year chart on Polester.
Now it's one month chart.
What's going on? It's confusing. It was down $.36 cents on the week.
If you want you can spend $.20 or $.25 on Puts and hope that the company goes under in the next five or six months. They recently raised more money by releasing more shares so it's running out of options. You can't run at a loss forever and this news will most likely scare off potential new car buyers.
This actually is a low number of outstanding Put options. The consensus seems to be that it is not game over yet. Lucid started trading this week on a "one-for-ten" reverse stock split. Here is its one week chart. It was down $1.39 on the week.
It's also going to struggle.
Both of these stocks have challenges ahead. On a more positive note here is a chart that looks kind of perky. Ford on the week.
The stock was down $.03 cents on the week and it was the 3th highest in share volume trading on the NYSE. It appears that investors wanted even better news. Could it pop again this week? It might. I like perky stock patterns.
................
One week out options on stocks in this price range is one of the most difficult games to play. Hopefully there might be a hangover effect from the release of this good news. "Two-week-out" options are more expensive and paying for time premiums on stock's in this price range is generally a losing proposition. Finally Vinfast. You see these cars on our streets and the company offers ten year warranties.The company is not cash strapped. (90% of their product is absorbed by Vietnamese). Build quality is reported to be poor. They are building a factory in North Carolina which will open in 2028 and they have opened a factory in India building vehicles from kits.
Call options on this company suprised last year. I posted this information in a blog on December 4th 2024.
It's kind of a boring stock to follow however it can suprise.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?