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The Boeing Crash And How Option Players React

 It's  going to take time for the dust to settle on this event.  The stock dropped on the day it happened.  This event puts option traders in uncharted territories. Do you look at the Call options on it that expire tomorrow?  Here is how one series of Call options were trading mid afternoon. Let's now look at how these same series of Calls closed out the day. One question to now be asking is why try to even being playing these options. Remember just a few weeks ago when Boeing had two straight weeks of upside movement?  Why get caught up in this turmoil now?  Let's move on. Let's now also track the Calls with the same striking price one week further out. My thoughts are it's best just to stay away. The worry of why this happened might take some time to go away. There are easier battles to play.  A Friday update. The DJAI was down. Boeing was down . The 205 series of Calls we were tracking that expire today expired worthless and here are next weeks...
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Joby Aviation - A Quick Recap

 First it's five day chart.



Toyota Motors increased its stake in the electric-aircraft manufacturer to 128,454,401 shares. It did so through the purchase of 49,701,790 shares pursuant to a stock purchase agreement on May 22nd, 2024 at a price of $5.03 a share. Following the latest purchase , Toyota own's 15.3% of  Joby  Aviation's outstanding stock. 


Now two  slightly longer tern charts showing the same thing.. Can you see the volume pouring into it?



This is still a dangerous stock to own or to play options on. Toyota however seems to have faith in it.  That in a way provides a safety net to owners of this stock.. Recent Call option holders have done extremely well . So has Toyota who got in at $5.03..

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