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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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Costco Can Move .

 Costco doesn't always follow which way the markets moves. Look at these Costco Calls this morning which is a Wednesday. First the Calls.

Only six contract traded in the first six minutes, some as low as $5.30 with a current bid and ask of $6.65-$8.95.  $8.00 dollars would probably get you in now . Now it's Puts.

Last at $5.20 but $4.80 would probably get you in. Here is it's five day chart.  Two days ago it was trading for $25.00 dollars a share less. Now a recap of the end of the day's readings. The DJIA was only down 106 points and look at what happened to the Puts.



Now it's five day chart.
Here is my point. In recent blogs I have talked about massive one day moves on a multitude of stocks. That's simply the way that the markets have worked as of late. Look at Tesla's recent chart as an example. 
When you see a stock in the $1,000 per share range, especially one that is up on the opening on a Wednesday (which is the day of the week the markets can shift direction as I often mention) it's time to think about playing it down.
   You might think to yourself that it's easy to blogs about things after they happen. Read back some of my past blogs. Many are about Wednesday reversals. Wednesdays and Fridays are rocket missile days for short term option players.

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