Featured

Watching "Out-Of-Money" Puts.

It's G.M. and here is it's five day chart. Might it dip in the next three trading days? Here are some "out-or-the-money" Puts. It doesn't matter how this turns out, I just want to show you the prices swings and volume levels traded. Hopefully this will be a good read. Here are the Puts I am going to track. ..... ...... ..... Check back tomorrow.
Post a Comment

A Crazy Car Ride With Carvana

It has earnings coming out tomorrow and the Calls and Puts going into Tuesday morning are crazy expensive. You can't really play them but I just want to show you the action. First the option premiums on this Friday's Calls and Puts.
.......
There are more Puts outstanding than there are Calls. That is not something you see very often. Here is it's year to date chart. The stock could go both ways.
Now a look at how the options and stock traded on the day.
Remember I started the day by saying these options are to expensive to trade? Well they are, but the stock does crazy things all the time. The $355.00 series of Calls was up $9.00 at one point in the day from where they closed at on the previous days close. Tesla is like that also. I don't like to play interday price swings on Tuesdays. There are other days of the week I find it easlier to play. There exceptions, as this time the stock has earning reports coming out. Having said that, these Calls are to rich for my blood. Let's see what happens.

Comments

Post a Comment

Popular posts from this blog

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

Image
Some say to think small, not big. Trying to play Disney options is thinking big. It is a stock slightly out of favor. If we start with it's a three year chart, we will see it is down by about 50% over that period of time. Now it's one year chart. If the stock can break 110 in early 2024 the sky is the limit. It does have a lot of moving parts so anything could happen. Look at these Calls options one year out. One year in options buys a lot of time.They look reasonable. If the stock ever inched up to the $105.00 price level in the three or four months these options would jump up in price by about 50%. Even more if they had really good news. Yet it's the "what-if" aspect of the equation that castes such a trade in doubt. "What if" stories just don't cut it. There are to many variables in play. Then again, why are we even thinking of long-term Call options after a December's rally? Let's switch gears. If consumers are out spending for X-ma...
Read more

Another Blog On "Vinfast"

Image
There is so much to read about this companies history online. Do your own homework. Their success is not dependent on what ends up happening with their sales in North America. They are nimble. There are plenty of auto factories all over the world now for sale they can acquire. They have dabbled in Australia. Having access to money to keep going doesn't seem to be their problem. Rivian also seems to enjoy this advantage. Vinfast is currently building a new plant in India which could employ thousands of people. That's an emerging new market. New relationships are being built and new investors will be coming onboard. Are option players looking at this stock? Not really if we look at these "one-month-out" Calls. What about Calls further out? What about next January? Here is a look at the three and four series of Calls. Nobody seems willing to bet Vinfast Calls. Now this. Here are two snippets taken from a blog I wrote about this stock back in early December of 2024. ...
Read more

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

Image
Here is the bad news. The company is Eli Lilly. How bad is this news? Well look at it trading in the premarkets. So what do I think? I think the news is a setback of sorts, but not really all that bad. The stock is going to open lower, that's a given. It's like trying to play Boeing after an announcement that an airplane has crashed. So the stock is going to crash and it might have a small rebound and then it's going to slide down some more. A test of sorts will happen sometime in the afternoon. It might stock falling but then where will it go from there? The best case scenario is a recognition that investors got it all wrong and the stock ends up flat on the day. Yet there might be more of a downward dumping of the stock on the close followed by a selloff on tomorrows opening. Should option players be jumping in to play the upside on next week's Calls? That is the question. Here is a look at Boeing on the days after a crash. Day two after the crash was equally as ...
Read more