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Readers Skip Blogs About Tesla

I see the stats. Viewer's don't care to read my blogs about Tesla options. I understand why. Telsa is not a new name in town and most options traders have tried their luck trading in it. Timing the market swings seems to be problematic. One partial solution as ridiculous as it sounds is to trade it from 1:00 p.m. to 3:00 p.m. on Fridays. Exxon. Exxon moves independently from what the markets in general are doing. It's options trade in one dollar intervals which is nice. Walmart options also have this feature. You can play them interday with interday price swings which are known to suprise. Look at this five day chart. Todays trade of the day was to buy it on the early morning dip. Here is a chart showing today's upward action. Stocks surged on hopes for an end to the governmant shutdown. Netflix blogs never seem to get much traction. Playing options on stocks in the $1,000.00 range is to much of a risk. Blogs on the company Ford fail to excite for the opposite reason....

Boeing Jumps on A Friday Morning On Good News.

$2.25 for a Call option already $1.28 in the money with only 541 open positions.That's where things are at going into Friday morning's trading action. Now this premarket news.
Now this.
Now this at 11:00 a.m.
What are the odds of this happening? Well it's a company with a million moving parts and it's a company that can suprise. In a way I was happy to see the "open interest" numbers being so low going into the morning's action. Insider's don't appear to be tipped off on this good news. Ps. Here is how it ended up closing the day. It jumped on the opening and stood it's ground.
Could you have made any money buying Calls just as the markets were opening? Not really as here is how it traded on the day. You could have made money however if you bought in on the first early morning dip and then gotten out about twenty-five minutes later. That's a strategy sometimes employed when trying to play "last-day-expiring" options. The playbook for playing last day options isn't that exhaustive. Playing the "early morning reversals" usually ranks near the top near the top of this playbook list.
Sometimes also Boeing pops on Monday mornings.

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