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What Happens When You Get Four Stocks All In The Same Sector Going Up In One Day On A Monday?

First of all it usually means something good is going to happen in the sector. It doesn't really matter what it is or why. This time it's in a sector we can call "used vehicle car sales". Some option traders trade exclusively in this sector as you sometimes see blocks of 20, 25 or 50 contracts trade at one time. Well, not so much as of late. It's big "retail-money" or trades made by wealthy individuals. Why spend millions of dollars building up a car dealership empire when you can follow and profit from what is happening in the industry just playing stocks and options on it in the right direction? That plus the advantage being able to take holidays when ever you want. Here they are. 1) NOW HERE IS A CHART OF CARVANNA. I have done recent blogs on this one. Here is it's five day chart. Is everyone hoping for interest rates cuts? (Jerome-Powell-Jackson-Hole Annual Summit) to come later this week, just another speech by some old man). If rate cuts star...
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An Introduction

Online trading accounts. Some people call them a gift from the Gods! Instant access to a world of endless trading opportunities. Seamless executions with one click of a mouse.
My name is Peter and about 45 years ago I did a short gig as a “Merrill Lynch” stockbroker. Prior to that I worked for a "boiler room" type operation which fosued on mining stocks. I did not fit in well.I was busy trading EXon options and watching the back office skim money off of my profitable trades. I now work in an unrelated profession, but I still have a passion for day trading. I like Fridays for trading "one-day" options that are soon to be expiring. You can get the most bang for your buck on that day if you correctly anticipate which way an individual stock is going to move. Often times they change direction after the first hour or two of trading. That makes trading options on them more interesting. One of my favourite stocks to trade options on is “Caterpillar” because daily swings of two or three dollars on it are the norm. It is also a  stock very much void of most market chatter.
It is however largely owned by institutions who sometimes have a herd instinct when it comes to trading. 
There are times when I will take a week off from watching the market, knowing that I will be not be handicapped when I return to the action.  Option trading always offers a world of trading opportunities. Donald Trump has in some ways helped to make option trading easier. Stocks now move up and down everytime he says something about tariffs. Without any further introductions let me share with you some of the things I see happening in the markets. I offer no promise of instant successes. I just think that people in general will benefit from being exposed to platforms like this. Coming soon will be a sister site called "Ford Puts.com."

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