Featured

Chat GPT Told Me I Need To Be More In The Moment. Boeing Again

It's Friday morning. The stock in question is Boeing after going down in price for the entire previous day. That was the topic of my previous blog. What I am now showing is how the stock Boeing was trading seconds before the opening bell in the premarkets on Friday morning and what the 205 series of Calls "closed-out-at" on the previous day. That number was $1.85 down from a high of $7.50 on that day. The volume traded shown on the the first screen below are stock trades in the Friday morning premarkets, not option trades. Options do not trade in the premarkets however premarket option orders get filled at 9:30 a.m. at the opening price then posted. In the premarkets this morning around 9:00 a.m. it showed Boeing up about $5.00. Had you entered an "at-market-sell" ticket on overnight Call options you might be holding your fill will not give you that five dollar gain. You will get a fill based on the the 9:30 a.m. opening price. Now this, just three minutes aft...

Options on Five Dollar Stocks Can Surprise! HSAI

I have talked about this stock before (Hesai Group) and this morning it suprised again. Back on May 17th I did a blog on it called "A New Company To Learn About". Now lets look at it's current five day chart leading up to this morning.
Look at yesterdays volume pour into it. Now this mornings early action. Another spike in volume on the opening.
What's all the excitement about this morning?
If you don't know this company here is what they do.
Now back to my May 17th blog. Where were the five series of Calls on it trading back then which expire in January 2025? Here is how this same series of Calls is trading now.
No one had any interest in them. The bid and ask where crazy far apart. The option makers were burdened by making option markets for a stock with not much of an option trading history. The worry aferall is that a stock like this could double or tank overnight on news. Any stock could but more often it happens in this price range. Why would I say this? Well stocks in the $5.00 range are not penny stocks and are not likely to drop to zero overnight. With good news and a story that is for real they can sometimes pleasantly suprise. Here they are now.
So what happened today on November 27Th. Here now is its current five day chart and todays action in the 5 series of Call options on them that expire on Dec24, 2024.
Thursday was Thanksgiving and the markets were closed. This particular series of Calls still have a month to go. Trading volumes on Friday, the day after are usually expected to be somewhat subdued. Here is what happened to HSAI
This kind of upward action can't last forever. Options on stocks in the 5 dollar range can suprise.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Another Blog On "Vinfast"