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Showing posts from April, 2022

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Look At How Eli Lilly Tanked On The Opening

Here is it's chart. Can you see how much it dropped? Here is what one series of Calls and Puts did. First the Calls. Notice the light trading. Now the Puts. The Puts on the opening never traded at lower prices than this one lonely trade. The Bids and Asks would have dropped after this trade happened however there were no takers, partly because there was a built in expectation that the stock might rebound upwards again. Now let's push forward. Here is what it's five day chart looked like at the close of the day. So the chart looks like a mess with a step down formation on each of the last two openings. From past experiences I think that kind of a chart experience is a kiss of death on tomorrws opening. i expect it to open lower again and what happens after than remains unclear. It is going to take some good news to prompt it back upwards again. Here is how this one series closed the day. Once again, I would expect it to have another drop on the opening. I wouldn't b...
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Boeing 1st Quarter 2022 Earnings Report

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The markets are rough in recent days. Boeing just had earning reports come out. Here is what happened in the first hour of trading. It doesn't matter what the numbers are. What matters is how the company addresses the issues. How does a company lick it's wounds after news like this. Well they artfully plants forward looking statements. Seven little very polished points which help to wash away the past and make us look forward. Well done. That's why their C.E.O.s get paid big bucks. Here is a look at one series of Boeing Call options two weeks out. The 155 series of Calls which expire on May 13th 2022. Is two weeks enough time to wash this bad news away? That's the bet. Notice this is a series which previously never had any "open interest" in them. This is rare but not necessarily a bad thing. Do you have $420.00 U.S. you want play with? It's a chunk of cash. Yes or no? Is this the right time to "pull the trigger"? It's the catching a fallin...
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"Cat Puts" - This Is One Of The More Interesting blogs On This Site

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As I write this blog I think about the Oct 20th blog posted called "X-mas Came Early To Ford Call Holders". When strange trading days happen they stick in your mind. Another blog I wrote on March 11th 2021 talked about Boeing going up $35.00 in one week. That was also a strange occurance. Today's trading was one of those days. Why, well one of the biggest one day drops so far this year happened. The DJI dropped 981 points dragging down most stocks including Caterpillar. Today was a Friday. At 9:38 a.m. this morning here is what the markets were doing. No one at this point in the days trading was thinking that the markets might sell off almost one thousand points on the day. Here is a five day chart on Caterpillar as of 1:30 p.m. on Friday afternoon. Here finally is how the stock Caterpillar traded on the entire day. Look at how there was an additional ten dollar drop in the stocks price in the last 2.5 hours of trading. That's when the markets really started to tur...
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