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"Nio". So Much At Stake.

One day option trading. Look at "Nio's" one day chart. What a waste of time it is you might say to look at junky options on junky $5.00 stocks. I know, "Nio" has kind of a checkered past. Monthly sales numbers however have just increased significantly. If that's the case why did the stock dip on the opening? That's a missing link in this puzzle and something we have to discount based on the opportunity that this quick price drop created. ... A thirty cent price drop happened on this stock on the opening and this week's Call options took a major hit. Obviously catching this morning's sell off using Call options as a trading vehicle was the way to go. Where these Call options are going to go from here is something I will track. Last week I talked about another stock in a rebounding mode called Hertz. When I pull up it's trading pattern today we can see the same thing happening again. $.19 cent Call options now trading at $.60 in one day. I do...
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Boeing Has Gotten Expensive Lately

 It might start making money again. Here is it's five day cart.

On Monday May 22th  the markets jumped up over 800 points and Boeing was down. Monday was May 27th.  Here is Thursdays chart.
If you look at the chart you can see some traders got in on the opening on Call options near the previous day's closing price. Then these Calls jumped up explosively on the day.
Why it happened. Well their CEO made a speech. He stated that the company is making a come back. Why the stock didn't open a few dollars higher the following morning rather that having a limp opening is something I don't know.

Is it to late to play it for a continued rebound tomorrow, a Friday? Here is how the $202.50 Calls closed the day which is a Thursday. The "open interest" number is fairly high.
Now the $207.50 Calls which are just a touch "out-of-the-money" Calls.
It was good news that caused this stock to go up. If the market opens stronger these "one-day-out" options could open stronger. Here also is a look at the slightly just "out-of-the-money" Puts. The Puts lost 80% of their value on the day as the stock was up $6.68 on the day.
What's my take on things? If Boeing was up only a dollar or two on Thursday these one day Calls would be interesting. Given it's $6.68 price  increase on the day it would seem a stretch to have the stock jump even higher the following morning. I wouldn't be betting on it going up on the day, nor betting on the Call going down. With Thursday's unusual action it is now to difficult to call. Here now is it's five and  thirty day charts. I would just stay away.

Let's see what Friday's action brings. here is how these options closed the week.

The last chart shows how the Calls traded on the day. Yes the Calls and Puts are  tradable  intraday however that's another story which calls for some devotion.
 

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