Originally Posted by Peter Gibbons:
If you are willing to pay enough, I can get it to you quickly from Colorado by running interference in a screaming chicken trans-am while my partner breaks trucking laws related time and mileage. For the right price, we might even follow up with an encore a few years later, but it really won’t be as good as the first one.
I can drive the truck as long as I can bring my Bassett Hound along. [Reply]
Today was very interesting. Volume was much lighter for the type of sell off we saw and the adv volume vs. dec volume was much better than the other day when we had a similar sell off. [Reply]
Originally Posted by Hog's Gone Fishin:
In 2008 it was $800 to get a load from Fort Smith. Diesel went from $2.50 to $4.00. The rate went from $800 to $1200. Diesel came back down to $2.50 and the rate stayed at $1200.
Now it's happened again. When the fuel price comes back down the rate will stay jacked.
Truckers are hard to come by right now as well, probably contributes to the cost. I don't see that getting much better [Reply]
Originally Posted by Hog's Gone Fishin:
Well, it's a 300 mile trip to get the rock here. At 5MPG that's 60 gallons. If fuel is $2.50 more than last year that's $150 cost increase and they've raised the rate $500
Yes, they're taking advantage and gouging. They did the same thing back in 2008. Truckers can suck my dick!
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.
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]
Originally Posted by scho63:
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.
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]