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Boeing. Selling Into Good News. - G.M. Remains Strong

Here is the news. G.M. is the same story. Re : Onshoring vehicles. This onshoring move is only going to cost them money in the short term. On a different note, what happened with Boeing this morning was somewhat to be expected. A good earnings report that was more or less anticipated. Now back to G.M.. G.M. has a way of pulling lots of levers to paint a picture of what is happening. Many option players stay away trading options on the week before these reports come out. Catching Tesla Calls on a Wednesday afternoon when the DJIA jumps 300 points in two hours is a simpler way of speculating in option trading and surviving.
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Boeing. Last Week Was Ugly. It's Getting To Look Pretty Cheap

Look at this chart.
Strikes and doors not working properly but it's amazing their planes fly millions of passengers around safely ever year. Now a look at it's one week chart.
Good luck trying to play the Calls on it last week as it dropped $11.49 on the week. It wasn't really a Trump related happening. It was just a bad week. I have mentioned in previous blogs how some people buy Calls on Boeing on or near the closing on Friday to then sell on Monday morning openings. Now this. Boeings one day trading chart on a Monday November 18th.
Now the trading in the 140 series of Calls.
Boeing is up again the following morning (a Tuesday) with the DJIA down over 300 points. Remember the stock lost $11.49 last week. Do you think it will now continue to go up?
Now Friday Nov 22nd. This is the day these options expire and this is shortly before noon. Now would at this be time in the morning be a good time to be getting out?
Now here is how they closed out the week.

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