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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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Boeing Had An Unexpected Jump Thursday Morning

Would this be a good time to purchase it's Call options that expire tomorrow? It's the dreaded "one-day-option" topic once again. It's 3:19 p.m. on a Thursday afternoon. Here are two different series to be looking at. One series is "in-the-money" and one series "out-of-the-money". Why am I looking at these two series of Call options? Well, on the two different Boeing charts below you will see the strenght of a Thursday morning price jump. If it jumped once it might do it again? When you see the chart below you will see how explosive this jump was .
Here is how the markets are doing at 3:21 p.m. on Thursday. I don't mind the markets closing on a low note. Why? One reason is that on Monday the DJIA dropped 514 points on the day which everyone shrugged off as being almost normal.
Now Boeing's five day chart which shows on the far right of the chart (the last day of it's five days of trading) the Thursday morning pop I am talking about.
The next chart show exactly the one day chart of Boeing's trading action on Thursday minus about the last 10 minutes of actual trading time. It shows even better the morning jump I keep on referencing.
One of the reasons I like this situation is that with a 300 point selloff on the day the markets could decide to rebound on the following opening. The strenght of a stronger opening would boost this stock and many others upwards. Let's see what happens. Now Friday's action.
It jumped up shortly after the opening and the two series of Calls I was tracting did very well.
The Calls that were "in-the-money" went from a close of $260.00 to $445.00 after hitting a high of $565.00 and the "out-of-the-money" Calls went from $110.00 to $200.09 after hitting a high of $300.20. One final note. Boeing dropped five dollars a share last Friday morning. Boeing option trading can suprise.

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