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Why Tuesdays Around 11:30 A.M . Are Particularly Unattractive Times To Be Looking At Options That Expire On Friday

So here are nine examples of what the heading is alluding too. Bad times for the most part to be entering into option positions. 1) Tesla. 2) 3) 4) 5) 6) 7) 9) 8) Now the closing reading on these Calls at the end of the trading session. $6.20 is down from $8.03 on Tesla and on First Solar the Calls are $3.10 down from $3.35. Here is what the markets did on the day. So let's continue on. Now Elli Lilly and Caterpillar. Elli Lilly went from $13.40 to $15.65 and Caterpillar went from $3.95 to bid $3.95 and $4.35. Now Biogen. It went from $2.50. down to $1.45. Boeing Calls went from $2.88 to $3.70. In Biogen there were no further option trades on the day with the bid and ask going up towards the closing bell. Walmart couldn't do anything as the effect of this tariff situation is all new. When is food going to cost more? It's Calls went from $.88 dollars to $.75 dollars. Now the last one, Home Depot. $3.80 went to $4.30 So really the markets sold of or went side...

Boeing Tanks On Bad Earning Reports

Their third quarter profit came out today.
The stock tanked. Then their soldiers quickly marched up and offered support. Here is what they said.
The company doesn't appear to be worried about competition but there is repeated mention of supply chain issues. Here is how the stock traded on the day. This is a five day chart so only really focus on it's last day of trading.
I think Boeing will be able to shake off a little of this bad news in the next day or two. I bought one Call option at $3.28 at 3.08 p.m.
Yet then again with Boeing anything can happen. Now the following day, a Thursday. I bought seven days of trading time but I picked a price I wanted and got out in the premarket at 8:54 a.m. See the time of the fill on the ticket below. I picked my price and it turned out to be the price this series of Calls opened at. I got out at $6.25. I saw Caterpillar up like ten dollars in preopening markets so I knew it was going to be a strong opening.
Here is how the stock ended up trading on the day. I could have hung on a little bit longer and made a bit more but in option trading you learn that there is no looking back in your rear view mirror.*** It's Sunday Oct 30th. The week is now over. Here is an updated five day chart and here once again is that sell ticket which this time shows what those options are worth at the end of the week.
Buying Call options with a week or so to go seems to be the way to go. The DJI is headed for it's best month since 1976.

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