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Boeing" And "Tesla" On A Nervous Opening. Both Are Worth Watching

Boeing's chart. It's Calls that expire this Friday. A flat five minutes on the opening. Tesla, now 24 minutes into the opening is also deciding what it wants to do in this space. The Tesla Calls expire tomorrw while the Boeing Calls don't expire for four days. Here now is a look at the Tesla Calls with the same striking price which expire this Friday. They cost more than double to purchase however this printout is 25 minutes later after the stock has rebonded over $3.00. What attracts me to these two situations? First they both dropped a chunk in price on the previous day. Boeing has a cloud over it's head with rising oil prices and concerns about the debt the country is piling up on defense spending and Tesla is caught up in SpaceX coming soon news which is getting a lot of attention. It's a case of buying on the dips and discounting the possibilities of the bottom falling out of both of these stocks. Now a 10:30 a.m. look at these same Boeing and Tesla options...

What Do You Do When You See Charts Like This?

First Tesla.
Caterpillar.
Look at how the markets closed today, a Friday. The D.J.I.A. was up 867 points. Thanks Mr. Powell.
By Monday there will be a new interpretation of everything Powell said. Look at how few Put contracts there are on these two stocks. Is there any logic to the markets? Yes. Look at how both Walmart and Costco sold off today on such a strong day. Everything Trump is doing is still a worry, especially to shareholders in these two companies.
Let's watch these two series of Puts on Monday. What an ending to the week!

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