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The Auto Industry Is Under Control

Look at this printout. Almost every stock on this list was totaly flat. Tesla up fifteen cents. Do you know how seldom this happens? It never does. Yet it happened today. Now this, a chart of how Telsa traded on the day. Look at the three hour price swing between 11:00 a.m. and 2:00 p.m. Now this. The 30 day out Call options on Tesla. Now the thirty day out Put options. They mimic the same kind of price swings. Intraday price swings of $7.20 and $6.97 on these two series of options. So why is this important? Watching thirty day out options is increasingly becoming a smarter way of churning out profits. In these examples one is putting out sums of money like $2,000.00 U.S. with the expections of daily returns, well in this case about $700.00. I know what you might be thinking. You might be thinking that the risk/reward aspect of the equation doesn't make sense. In response to those concerns I would say employing this strategy works best for traders already engaged in trading ot...

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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