Featured

Trumph Picks A Friday To Change The Rules.

This is kind of dirty pool. So the stock and options jumped on this news. Did Trumph's cronies get in on this action? It's difficult to tell as they could have got in a few days or a week ago and they could have bought Call options with longer term expiracy dates. Or his stockbroker cronies could have bought the stock to also profit in this gain. Certainly the authors formulating these policy changes were part of this action. In all fairness I can't prove that insiders profited from this Friday event. Yet here is the thing. Releasing this kind of news on a Monday or Tuesday would mitigate this kind of an event from being as impactful as it potentially could be. Option premiums shrink in value the closer you get to their expiracy dates. Lawmakers know this. They should know better than to allow this to happen. No government policy changes that will directly effect the stock market should be allowed on the trading days of the week when the majority of short term Call and P...

What is McDonald's Doing ?

Here are one series of it's Puts that expire this Friday. They are "out-of-th-money" so it's going to take a bit of a directional move to get a payout.
Now it's five day chart.
Is the stock going up because the DJIA is up?
This to me is more a play on what the markets are doing than the stock itself. Here is how it closed the day.
It's largely unchanged from where it was trading at back at 1:18 p.m.. Here is how the D.J.I.A. closed the day.
Let's skiop ahead to Friday. It closed down 793 points. The 310 Puts had a good day.

Comments

Popular posts from this blog

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

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

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