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One Day Boeing Puts On A Friday

I realize that this type of a blog has a limited appeal. A blog about watching option positions move on a minute to minute basis. Now let's learn how it went for Boeing Puts today. It's 9:56 a.m. Now it's five day chart. This is where it will get interesting. Notice it has a rebound off a soft opening? Traders who used the 212.50 series of Calls on Boeing's soft opening were already well rewarded. Only 121 contracts traded during that period of time Here is what the indexes are doing. So that's it. You could wager $100.00 U.S. plus commisions for one Put contract (the 215 seriess of Puts that expire in the afternoon), or multiples thereof and walk away for an hour or two. It's a bet on your abilities to recognize chart formations. Now this. If you bought in and a small gain materializes in a matter of minutes do you take it? Sorry. It's now 10:46 a.m. There is no gain. That opportunity never presented itself. In fact these $1.00 Puts we were once excited...
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Netflix. Options On Stocks Trading over $1,200.00. Fighting Strong Stocks

Let's start with this on a Monday opening.
Now it's thirty day chart.
The DJIA was up over 700 points on Friday and Netflix didn't share in that rally on that day. This morning it jumped up at the same time the DJIA was down slightly an hour into the trading session.
Now the price of these Puts which expire this Friday. Today is a Monday and it's 11:25 a.m. and Netflix is way up. They are affordable given they match the price that the stock is currently trading at.
I wouldn't play Netflix options towards the end of the week (like Wednesday to Friday) because you will get smoked if you pick the wrong direction, however on Monday after a pop in a slightly down market it is a call to action. Netfix was playing catch up to the rest of the markets on the opening and suddenly it was evident the stock was moving in the wrong direction. Now shown below is it's closing price with the stock down over nine dollars from where it's price was back at 11:25 a.m..
Now it's closing one day chart.
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Why Netflix didn't bounce upwards on last Friday's rally is something that I don't know. Today the DJIA was down over 300 points. *** Playing the upside on Tuesday created the same kind of opportunity.
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