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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 fi...
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Hanging Onto Call Options Overnight On A Wednesday On Options That Expire In Two Days.

In my last blog I said don't do that. The Calls on Tesla that we first started to talk about on Monday afternoon went sideways to down on Tuesday and the doubled on Wednesday. I said take your profits. Just be happy and get out. Was I wrong in my call? Not really. Look at how Tesla traded on Thursday morning.
. It closed on Wednesday at $349.57, opened at $350.22 and dropped to $348.52 before taking off upwards. So Tesla stuttered on the opening. Anyone buying a Thursday Call on the opening that expires tomorrow made a very good call. Don't trade on my advise. I just want to wake you up to the concept of "One week Options".
Now look at it's ten year chart.
Will it break new highs shortly?

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