CAT Puts

The title of is kind of complicated and tomorrow's action may be mutted. Here is it's five day chart. it looks kind of ugly. Remember it had earnings come out mid-week. One series of tomorrow's Call and Put options will be one day options. I am more inclined to wait and consider purchasing it's "next-week-out" Call options near Friday's close hoping for a rebound on Monday morning after this weeks dust has settled.. In any event here now are two series of Boeing Calls going into Friday's action. Notice that there is next to no volume in the slightly "out-of-the-money" Calls. Boeing's chart once again scares scares trader's away. One linguering question remains hanging in the air. Was the earning's report really a bad one? Sometimes fresh eyes a few days after an earning's report can shed some new light on things. The small open interest in the 220 Calls is about two and one half times smaller than the interest in the 222.50 ...

Their charts. Now it's one day chart, twenty nine minutes after the mornig opening bell. It's to late to follow the action. Skeptics say that the market makers manipulate all the action when this type of activity happens and that it's best just to say away. I agree. Now this stock, Carvana. Look at it's chart. I also jumped. It shows the same kind of movement. So too did Meta Platforms. Now a comment about four, five and seven hundred dollars stocks. If your a small fish in the sea you don't want to play with these sharks when you see these chart formations. The likes of stocks like Boeing in the $100.00 to $250.00 price range are a different breed to play. Here is how these three stocks closed the day and something that JP Morgan says. . Here we have three near identical chart formations which option makers now have to unwind. It will be both interesting and a learning experience to see how all of this plays itself out. Three charts to now look at on Friday....