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Insanity Is:

|Includes: Ford Motor Company (F)


Ford Stock Buyers are going nuts this morning

Stock up 3% on decreased sales in all but F150

Closed DEC 2017 $11 put

The insanity being displayed this morning on an "iffy" sales report is nothing short of mind boggling.  This is the 4th "up" day in a row, and a Friday ta' boot.  1st day of the month.  Go figure.

Closed the $11 DEC put position for a small profit yesterday, placed a close order this morning on $12 put position for JAN 2019.  We'll see if we get lucky. 

Meantime, we're going to go shopping for bond funds.

Disclosure: I am/we are long F.