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Mid Week Reversals On Boeing. Is Smart Money Buying The 210 Calls Just before The Close?

I like Wednesdays for mid week reversals. This week is more difficult than usual because the U.S. is at war. These aren't normal markets with the projectory being down. So here is Boeing's morning chart at 10:26 a.m. Remember the first hour of trading and the last hour of trading have the highest volumes of trading. Now two series of it's Call options. Notice the interest in the "at-money" Call options as compared to the "out-of-the-money". Call options. Daytraders are looking at "in-and-out" situations. Now this, a look at the movement one hour later. Boeing continues to go down. I have also added a look at the 205 series of Calls. They are all sliding down. .... Is there now at 11.45 a.m. an uptick? Now at 12:03 p.m. Things are stalling out again. What does Chat GPT say about this situation? All three series of these Calls are taking a beating. Now this at 12:25 p.m. Now this at 1:30 p.m. Now it's readings at the end on the day...

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...

"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...