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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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The Power Of Tesla Calls Ten Dollars "Out-of-the-Money" With Four Days To Go

First it's chart. Tesla closed up last week $16.79.
Now a look at one series of it's one week Call options in the late afternoon on a Monday. These are like ten dollars "out-of-th-money" and will quickly lose half their value if Tesla has a downward opening. It really needs a five dollar bounce just stay even. It's going to take a six or seven dollar jump to keep these options in the game.
Now another Call options series even five dollars further "out-of-the-money". A ten dollar bounce would cause these Calls to double in price. What a risky proposition. But it's Tesla.
A lot can and will happen in the next four trading days. Day two, a Tuesday brought disappointment with time value wastage being a concern.
To be continued. Wednesday. It's getting closer to Friday.
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Tesla had a healthy gain and has price gyrations of five and ten dollars frequently. These are optons are to be traded, not sat on. Holding overnight last week options positions on Tesla on Tuesdays is not as scary as holding them overnight on Wednesdays. It is however still scary. From my point of view, with only two trading days left in the week it's best to be out of these Calls until after the opening bell on Friday mornings. Then decide if you want to trade Friday's action.

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