Posts

Showing posts from June, 2021

Featured

Boeing And Tesla On A Nervous Opening

Boeing's chart. It's Calls that expire this Friday. A flat five minutes on the opening. Tesla, now 24 minutes into the opening is also deciding what it wants to do in this space. The Tesla Calls expire tomorrw while the Boeing Calls don't expire for four days. Here now is a look at the Tesla Calls with the same striking price which expire this Friday. They cost more than double to purchase however this printout is 25 minutes later after the stock has rebonded over $3.00. What attracts me to these two situations? First they both dropped a chunk in price on the previous day. Boeing has a cloud over it's head with rising oil prices and concerns about the debt the country is piling up on defense spending and Tesla is caught up in SpaceX coming soon news which is getting a lot of attention. It's a case of buying on the dips and discounting the possibilities of the bottom falling out of both of these stocks. Now a 10:30 a.m. look at these same Boeing and Tesla options...

Spacs

Image
Are a new animal and sometimes go dormant until something happens. If your a fan of "Caterpillar","Ford" or "Boeing" options you're not really looking in that space. Sometimes it nice to have a list of "outside the box" companies" to watch. Here is one of those list and here is my experience with one of those such companies. Well, not the exact list but one similar to it. - this one with the symbol "APXT' I played it yesterday and today. In at noon yesterday, ten contracts at .35 each and out the next morning June 3th 2021 at 7:14 a.m. at .95 each. I kind of saw it go up after I bought so yes I did put in a sell ticket early in the morning at a price I was thinking it would hit. What happened was kind of interesting. Call it a perfect storm as the company came out with a news report. Option traders know that one dollar increase on ten dollar stocks can do wonders, even if we are talking about regular stocks and not spacs. A ...