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Trump Has The Power To Move The Markets On No Real News. Some Insiders Will Have A Happy Weekend.

Look at these charts. What's going on? ...... Look at this. Very few traders are holding option positions on any of these stocks because the last two years of trading have been a being of a nightmare. Here is an example of how one series of options on one of these stocks jumped on this news. Now later in the day. Now the closing Readings. This blog comes on the heals of writing about how crooked the stock Carvana is! I understand why some people have no interest in playing the markets.
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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. It's not as simple as you might think.
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. The cost of entry and the risk is to high. Let's see what happens. Friday morning.
So a ten dollar drop in two days on a stock in the $225.00 per share range. Now with Friday options the deadline to get out is 3:00 p.m. on the last day of expiring options. Here is a look at these Puts minutes are doing slightly after this 3:00 p.m. "selling-out deadline".
Bad news reports shouldn't be triivalized but are difficult to quantify. Option traders, take note of this experience. I am not sure where the "instinct" part of the equasion fits in. A report like this on a Monday or Tuesday might not have the same effect as it had on a Thursday. Instincts tell me that.

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