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Snowflake Part Two : Thursday Overnight Position Going Into The Final Day Of An Options Life Are Not My Cup Of Tea Unless It Is Perhaps Tesla

The 172.50 series of options on this stock will expire tomorrrow. Today is a Thursday. The first printout shows a bit of a struggle on the opening in the first nine minutes of trading and a return to price it closed at in the previous session. (It did have a nice rally on the previous day then to only give it up). Could it rally again this morning? Now the second printout below the following paragraph shows the high volume of trading pouring into this series of Calls just after the opening. These high volumes of trading shown below happened in the five minutes and twenty one seconds of the trading session. Traders bought in on a slight dip looking for a reversal. Good for them. Are these traders hoping to be out at a profit in the next fifteen or thirty minutes? Yes. Get in and get out. Catch a profit as the stock is deciding which way it will go. It's early in the morning trading session and the volume of trading is always the highest in the first and in the last hour of trading....
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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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