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Twenty Four Cent Boeing Calls On A Friday Morning With A Rally On The Day of Over 400 Points.

Boeing is one stock you can mess around with on Friday mornings. It can move like $5.00 in one day and it's last day to expiring Calls and Puts often pay off big time. Here I am this morning looking at it's five chart. I like the fact it opened stronger and then came off. Look at these two "out-of-the-money" series of Calls that expire today. It's a gamble that requires Boeing to go up. That's why them are priced so cheap. A lot can happen in the next five hours of trading. Look at how it was trading at a higher price on the previous day. Notice the 60 and 62 percent drops in value on these "out-of-the-money Calls" in the first eight minutes of trading. Now this. Boeing continues to stall out. Now let's jump forward to the 2:50 p.m. time period. The deadline to get out is 3:00 p.m. ... So what is the takeaway? A strong market helped the outcome. The $.24 cent options hit a high of $.79 and the $.55 options we first looked at jumped as high a...
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Carvana On A Tuesday

 It played the same game as Carvana also did on a Monday. Look at these three charts.

1)

It's up on the opening and the Puts at this point (they are "out-of-the-money") are trading at $3.25.


Now the chart changes.

That's the same thing it did yesterday. Yesterday it topped out around 11:00 a.m. and today it topped out around 11:30 a.m.. Now this. It starts to rebound.

So how do you think the Puts did on that downturn. We here is a look just after the fact. You can see how high they went. They went to $4.82.

If you look at the chart more carefully you will see that at around 11:30 a.m. they actually traded down to $2.60. It's not much of a trade but the point is this stock on day one and day two of the week is tradable. I would argue that this "tradability" diminishes towards the last two days of the trading week. At the end of  day (a Tuesday),  Carvana was only up on the day $2.89.
At the end of the day the Puts were basically unchanged from where they were trading at in the morning.
Here now is it's five day chart. It's up about $25.00 in five days. Now its not as exciting to play.







How is Avis Budget doing?
Up another 18% on the day.
How did it close the day?

All this on no news. 

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