(please click to enlarge)
All positions are profitable. As expected, the current month options offered the largest gain, at +29.41% in one week. This is followed by March position, at +25.97%. Even the July position is profitable at +8.19%.
The campaign against Toyota is going on strong, the beating goes on. The obvious beneficiaries are Ford and GM. Please remember that last quarter Ford boasted of a profit, but most of its profit was from credit operations (a la GM in the past). Investors should be extremely concerned with this campaign against Toyota. I believe the company will be eventually vindicated. As usual, straddles are one the best ways to play, profiting if the stock goes in either direction.
You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).
Straddles computed with StraddlesCalc Tool