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Boeing A Guessing Game. Boeing Tomorrow . How Good Are Your Instincts?

When you see this chart you will understand what this game is. Guess which way Boeing is going to trade tomorrow.
Here are it's Calls on the closing today which will be expiring tomorrow.
Notice the open position number, 226 Calls. It's really nothing. The chart looks ugly. Now look the Puts.
The open interest number is much greater. What's that all about. Is it the anticipation of a weak opening? Now this, one possible reason why it dropped today. There was news of the new 777X jet falling behind schedule. Does that influence your decision? It's a tough call. Might one strategy be to buy in a minute or two after the opening and trade in the opposite direction of which way the stock is moving? That's what some option players would be instinctively doing. Some Telsa Call option players would have done well on the day today using that strategy. It's going to be super interesting watching the way this event unfolds tomorrow. To me it's a battle not worth fighting.

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