If it's 300 miles one way, they have the trip back.

That's 300.

Tires are retarded if you can even get them.

And they probably have to pay the driver more than they did the prior year.

If they're gouging you it's not by a ton.
[Reply]

Oh, and if they're running a semi, those fuckers have about doubled, so the machine cost allocation is far higher.
[Reply]

They should drive electric semi's . problem solved.
[Reply]

It's their responsibility to find a back haul. Not mine.

When we shipped hogs to mississippi from Texas they always hauled cattle back.
[Reply]

After witnessing the drivers coming in and out of my farm I always figured it's just what people did for a living when they were too stupid to hold a real job and hooked on meth.
[Reply]

For those who want to dip their toes into options, I strongly recommend looking at the Ford (F) June 2023 calls, one year out. They are very cheap and Ford at $12-$13 is a great value.

Low risk with nice upside.

The June 16, 2023 calls for $20 strike are around $53 a contract.

Buying 10 will cost you $530 and I see a 3-4x upside.
[Reply]

I've been eyeing options, trying to figure out if I understand it, but hesitant to jump in.

This is probably an obvious statement, but I want to make sure I understand:
So, basically you are buying call options at a $20 price. So you believe a year from now (or earlier) the price will be above $20. Given the cost of the options, you would make money at any point the stock was above roughly 20.53, correct?

I've held shares of Ford for a long time, I hope you are right, but F hsa never really taken off as I expected.
[Reply]

Same here. I've never bought an option play. It seems scary to me for some reason and I know it shouldn't . I'm spending time every Sunday to study and learn so I can start dabbling.
[Reply]

You can sell at any time between now and June 16, 2023.

If Ford goes back to $16-17 in the next 4-5 months, these options will spike higher by 2-3 times.

Your only risk is what you invest. If they drop down 50%, you could sell and lose 50%.

These are not a bad risk as each contact = 100 shares
[Reply]

At a 4.5 P/E, I see little more downside.

I just bought 15 at $54 for a $810 investment.

I'm going to buy $10,000 of options across 10 different stocks 1 year out.

A lot of value developing.
[Reply]

S&P bear market officially confirmed.
[Reply]

Death by 1,000 cuts
[Reply]

Not since April. It's been a straight downhill move without even a bull trap in sight.
[Reply]

They just said on CNBC this is DOWS longest weekly losing streak since 1924
[Reply]

TSLA RSI on the 30 day chart shows to be at 28

AMZN at 30

GOOGL at 33

AAPL at 31
[Reply]