BYD, A New Reality And Ford Calls
This blog is one of the easier ones to read. I seem to get hung up blogging about Ford Calls. They sometimes pay off. Lurking in the background is the new reality that BYD built 488,104 cars in October 2026 and sold 490,168. You figure out what that means long term for the future of the North American auto industry. I don't want to think about it. Today is Wednesday. I am caught up in my own little bubble. Let's look at Fords current five day chart. I like charts.
Playing this weeks 12.5 series of "out-of-the-money" Calls look interesting. They only cost $.06 a contract. Any kind of a bounce would cause these options to double. Short term options on stocks i this price range work like that. ONCE AGAIN AS MENTIONED IN MY LAST BLOG ON FORD THERE IS A MISTAKE IN THE REPORTED VOLUME OF TRADING ON THE PREVIOUS DAY. THAT'S A BUG WHICH WILL EVENTUALLY GET FIXED). 
To be honest it's not very comforting. One good thing about this is that Ford's most recent earnings report was back on October 28th so that market chatter is not going to be part of this equasion. Let's see how this turns out. They both open lower with the short term options looking more value than the longer term Calls.
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To be continued, good or bad!
Yet wait. That's a risk to large for most option traders to take with all of the recent downwards action. The next week November 20th Calls would seem to make more sense. They cost $.16 or sixteen dollars a contract. Some traders buy then in quantities of 100 contracts.
Let's now look at Ford's 30 day chart to look at the bigger picture.
