Featured

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...
Post a Comment

A Weekly Review Ending The Week Of Oct.4th

Let's start with the stock Ford. It's up. That's something that doesn't happen very often. Ford hitting a new 52 week high. Try and follow Friday's one day option action. Here is how two series traded.
Both the 12 and 12.5 series of Calls exploded on Friday. But wait, there is a twist. The action didn't really happen until 3:00 p.m. which is the time retail traders needed to be out of their position if they were playing this weeks option series. An equal amount of action happened with next weeks Calls shown below. Here they are.
.............
........................................................................................................................................... 2) I did a blog on the Canadian company "Dragonfly" back on Sept.20th when it was trading at $4.42. The January 2026 five series of Callsat that time were trading at $.55 with only 91 oustanding contracts open. The printout below illustrates that.
Here it is now. Only a few traders have taken their profits. That's suprising.
Now they are up tenfold. One more stock mentioned at that time in the same space was "Unusal Machines" and it was at that time $10.77. Now it's at $16.29. 3) Boeing. Here is it's five day chart. On Wednesday September first I did a blog on mid week reversals and I said I like Wednesday Call options on the close more than Tuesday Call options in general.
Boeing had a nice jump on Thursday. It then went on to do little Friday. 4) Exxon. Here it it's five day chart.
On Thurday at 9:35 a.m. I singled out the Friday 112 series of Calls which were trading at $.68 Cents at 935:50 a.m. which then hit $1.26 at 10:00 a.m.. (later they went on to trade as high as $2.00 before then selling off). ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.................................................................................. 5) Pfizer had it's best week upwards in price in a long time. Look at this chart. It went up.
Now look at one portion of it's Thursday October 1st chart.
I did a blog saying buy on a dip. I showed the 27 series of Puts dropping between 11:55 a.m. and 12:50 p.m. going from $.32 cents to $.44 cents.
Other things also happened like Tesla selling off on Thurday and Friday on this following good news. It was off $10.57 on the week.
Look at it's chart and look at one series it's "at-the-money" options. Traders were all over them. Tesla options are best played hour to hour and not day to day, especially on short term options which expire in the last two trading days of the week.
There is so much to watch. Weekends offer much needed "time out" breaks.

Comments

Post a Comment

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

Image
Here is the bad news. The company is Eli Lilly. How bad is this news? Well look at it trading in the premarkets. So what do I think? I think the news is a setback of sorts, but not really all that bad. The stock is going to open lower, that's a given. It's like trying to play Boeing after an announcement that an airplane has crashed. So the stock is going to crash and it might have a small rebound and then it's going to slide down some more. A test of sorts will happen sometime in the afternoon. It might stock falling but then where will it go from there? The best case scenario is a recognition that investors got it all wrong and the stock ends up flat on the day. Yet there might be more of a downward dumping of the stock on the close followed by a selloff on tomorrows opening. Should option players be jumping in to play the upside on next week's Calls? That is the question. Here is a look at Boeing on the days after a crash. Day two after the crash was equally as ...
Read more

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Image
Some say to think small, not big. Trying to play Disney options is thinking big. It is a stock slightly out of favor. If we start with it's a three year chart, we will see it is down by about 50% over that period of time. Now it's one year chart. If the stock can break 110 in early 2024 the sky is the limit. It does have a lot of moving parts so anything could happen. Look at these Calls options one year out. One year in options buys a lot of time.They look reasonable. If the stock ever inched up to the $105.00 price level in the three or four months these options would jump up in price by about 50%. Even more if they had really good news. Yet it's the "what-if" aspect of the equation that castes such a trade in doubt. "What if" stories just don't cut it. There are to many variables in play. Then again, why are we even thinking of long-term Call options after a December's rally? Let's switch gears. If consumers are out spending for X-ma...
Read more

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast

Image
Look at the one year chart on Polester. Now it's one month chart. What's going on? It's confusing. It was down $.36 cents on the week. If you want you can spend $.20 or $.25 on Puts and hope that the company goes under in the next five or six months. They recently raised more money by releasing more shares so it's running out of options. You can't run at a loss forever and this news will most likely scare off potential new car buyers. This actually is a low number of outstanding Put options. The consensus seems to be that it is not game over yet. Lucid started trading this week on a "one-for-ten" reverse stock split. Here is its one week chart. It was down $1.39 on the week. It's also going to struggle. Both of these stocks have challenges ahead. On a more positive note here is a chart that looks kind of perky. Ford on the week. The stock was down $.03 cents on the week and it was the 3th highest in share volume trading on the NYSE. It appears...
Read more