Featured

Why Not To Buy Not Rivian Calls With Two Days to Go?

It's obvious right? If you mess up and the stock opens the wrong way you only have one day for a rebound. Why put yourself in that position? Others might be in the camp of saying why not go for a fifty percent rebound on Thurday's morning opening. The stock sold of on Wednesday on very little volume. A morning pop is possible. The stock has being strong as of late. Here is it's five day chart. Now this, the seventeen series of Calls that expires in two days. They do look cheap after hitting a high of $1.55 on the day. If we look at a 30 day chart we will see that the stock is still in an uptrend. Why not look at the Call options one and two weeks out? Here are the seventeen series of Calls one and two weeks out They would be much safer to play and I will check in on these ones at a later date. So what happened on the Thursday opening? Let's switch gears for a moment and look at how Roku, a much higher priced stock opened and look at how their Call options moved.

Boeing Calls After Two Strong Upward Days of Trading

This blog follows a blog two days ago following the same thing. This time it gets more interesting as the stakes get higher. Here is how the Boeing did on the day. Will it keep risng tomorrow?
Here now are the premiums on the 190 and the 200 series of Calls we talked about in our last blog.
Now the 200 series.
In our previous blog these trading numbers were $1.92 and .31 cents. At some point in time in the near future the 200 series Calls will burn themselves out if the stock doesn't pop higher. It could. Let's see what happens next. The volume of Call option activity tripled over what happened the day before. Rising stocks attract attention. Thursdays and Fridays may suprise on the upside but Wednesday mornings can sometime bring reversals. Mid week option trading (Wednesday) I enjoy doing usually centres around one hour plays just afer lunch. Everyone trades differently. I would be getting out of Boeing after a little surge like this. More to follow. Now the action in early morning Wednesday trading. Note I talked about how this day of the week can have reversals. As Boeing opens strong look at how the "out-of-the-money" 200 Calls surge upwards. Look at how the 190 series of Calls keep going up.
Now here is where the Wednesday change of attitude can kick in. Look at these two 12:24 p.m. readouts. Boy things have changed. The 200 series of calls after a spectular run could now be toast.
Finally, this how Caterpillar closed the day.
What's next? What is the sweet spot? Well it's not six dollar Calls that expire in a few days.

Comments

Popular posts from this blog

I Wonder How The Back Office Is Going To Handle My Complaint

Disney Had A Good Week, Fisker Not So Much . Lion Electric and Taiga

Boeing Down $20.00 or 8.03% On A Monday Morning