TAP Stock looks oversold

Looks like TAP (Molson Coors Beverage Co Class B) is ready to form the bottom and bounce back. If you look up the whole sector of beverages stocks, they show  similar characteristics, including BUD and KO. 

I decided to go with TAP because it has better value and greater upside potential.

As of today I am long on Call option May 22 with strike at $39.5 for  0.58 cents per contract. 

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Facebook Manipulates Your Mind

How Facebook manipulates your Likes, your mind, and why it is waste of time

 
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Does facebook manipulate likes?

I recently took over managing an organization's fb account. Before me, they were doing a pretty lack lustre job. Saying "Hi!" every other day or posting memes that hardly related to their business.

On the week that I took over, I started posting really great photos of their product/property. Immediately post likes went up from 3/4 to 20-50 likes per post but page likes stayed stagnant. On the fourth day, I posted a photo that went somewhat viral (200 likes, 64 shares.) The next few days the page got 600 new likes.

Since then, I've continued posting great pics and info hoping for a repeat. The likes are creeping up slowly...3 a day or so.

My questions: Is it possible or likely that facebook gave me a lot of exposure that first week just to give me an addictive taste for likes? Or is it more likely that that one early random post went viral and nothing else since has been worthy?

Is there social network theory that may explain the early jump. (e.g. Given my graph and the strength of my brand, there is some baseline number of likes that would be attained almost immediately once I actually started trying with the page. But then I have to fight for small increments in likes after that? I dunno sounds a little wonky but there must be some math to this thing.

I guess bottom line: I'm trying to figure out what's attainable and where the goal posts lie - wondering how much I have to do to get there. If I'm asking the wrong questions, please feel free to enlighten/redirect. Thanks.

Read More..... Facebook Manipulations

Stock Watch List Cabot Imdustries CBT

Cabot Industries (CBT)
Solid chemical company with local manufacturing plants allover the world, it is trading around 0.5 P/S,
It's debt is around 1 billion dollars, 
yearly sales are about 3.2 billion,
outstanding shares 56.68  Million
short interest around 1.3 %

CBT options are thinly traded, but could be worth the risk to open long position for earnings and dividends towards end of May ? or buy the stock out right and sell covered calls ?
The other way to make money is to sell out of the money puts for premium.

Question: How badly sales will be affected by Covid 19 in next Q's ? 

 

AIG Call Option $25 Strike May15

AIG Call Option to buy at $25 Strike with Expiration May 15th, for total cost $95.

Reasons for buying this Call are coming earnings on May 8th , tight trading range, good technical base, stock is oversold, gap around $30, possible recent buyback which could affect earnings on plus.

Cons: overall market looks bearish, current  Covid 19 lock down will affect rest of the year with shrinking revenues and earnings in multiple sectors,.... but this bearish sentiment could also mean high short interest in the market, which could prevent stocks to go south any time soon.

Neutral observations: High institutional ownership at 93.4 %, Low short interest at 1.64 %

This transaction was Open on Friday 4/24/2020

 charts by Bigcharts.com

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First Successful Covered Call option trade

WZ options first successful trade:

April 03-2020 $210 strike at $4.70 C

C Trade, Slightly out of the money.

Short term covered call option for quick income.
04/03 expiration, sold when DIA was trading at $209.50  for $210 strike at $4.70 premium with expiration 2 days away.

If DIA closes below $210 on 04/03 this option will expire worthless, I will pocket $470 premium and retain stock for roll over.
If DIA closes above $210, I will keep $470 premium, option will get exercised at $210 . total profit on this transaction will be about 2.25% within 2 days........ to read more, please visit link below at:

April 3rd Covered Call at strike $210


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