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Twenty Four Cent Boeing Calls On A Friday Morning With A Rally On The Day of Over 400 Points.

Boeing is one stock you can mess around with on Friday mornings. It can move like $5.00 in one day and it's last day to expiring Calls and Puts often pay off big time. Here I am this morning looking at it's five chart. I like the fact it opened stronger and then came off. Look at these two "out-of-the-money" series of Calls that expire today. It's a gamble that requires Boeing to go up. That's why them are priced so cheap. A lot can happen in the next five hours of trading. Look at how it was trading at a higher price on the previous day. Notice the 60 and 62 percent drops in value on these "out-of-the-money Calls" in the first eight minutes of trading. Now this. Boeing continues to stall out. Now let's jump forward to the 2:50 p.m. time period. The deadline to get out is 3:00 p.m. ... So what is the takeaway? A strong market helped the outcome. The $.24 cent options hit a high of $.79 and the $.55 options we first looked at jumped as high a...
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So Tesla Dropped $19.40 On A Thursday

Yet even after a drop like this it's five day chart looks somewhat normal.
Now it's one day chart shown just below. On first glance it looks like its moving somewhat sideways however if you look closely you will see ten and twenty dollar interday price swings.
Look at the high volumes of trading in it during the first thirty or forty minutes of trading as the stock zig zagged around and then more volume pouring into it around 2:00 p.m. when a second wave of selling pressure hit. Imagine getting into Puts around 1:00 p.m. and getting out around $2:00 p.m. Auto stocks in general did poorly on the day. Now look at Tesla's 30 day chart.
We just had a 30 day period of scorching upward moves. Why fall into a trap of now trying to outguess this action? Note now I have mentioned 1:00-2:00 p.m. selling pressure on a Thursday afternoon. During that time period there was a fear of a second wave of panic selling. Short term option players have to learn to "focus on the moment", especially on Thursday afternoons. I wouldn't want to play the game of buying Calls or Puts on Tesla at the end of the day hoping to guess right, as to which way the stock will trade in the first ten or fifteen minutes of tomorrows (Fridays) trading session. The only times I like to trade Tesla on a Friday is when and if it starts to rally in the early afternoon. Yet that is super risky. Others may not agree with this strategy. Let's see what happens. ** Friday morning after 11:00 a.m. Take a guess as to what has happened. Do you think up or down?
....
This is Tesla. Here is how Tesla ended up closing on the day.
Can you see the volume spike into it around 2:00 p.m. and jumping about $7.00 upwards in price in a one hour period of time? That's what I was talking about. Readers, these blogs are a disconnect from what most option bloggers talk about. The nice thing about successful option trading is that your free on the weekends to do whatever you want.

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