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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Boeing Got Messed Up In It's Earning Report And Looking For Thursday Rebounds

Boeing released quarterly earnings today. The stock got smoked. Now it's three month and one month charts.
What was the bad news today?
Could this be one of those bad news is actually good news situations? Afterall, Boeing keeps on pumping out more airplanes. The problem is they keep losing big money. That's a big problem. All I know is here is how this one series of Friday Call options are trading at the close of Wednesday's session. To me they are far to expensive. It might take some time to shake off this bad news syndrome.
Now this on Thursday morning.
Remember the 212.50 Calls we were looking at?
They got smoked.
Now with one day to go these options have popped up on the radar screen. The 205 Calls when Boeing is at $206.61.
Charts like this usually end up going sideways or slightly down for the rest of the day. Here they are again 31 minutes later later.
At this point in time charts like could turn around. Might this be an opportunity to consider? Should you consider these ones which are "in-the-money". But wait, might there be more panic selling on the closing? Why buying into a nightmare situation? It's funny how six months ago Boeing was getting a number of new government contracts and things couldn't be any better.
**** Don't make any trades on my advise. I am not offering advise. I am offering entertainment to inquisitive minds. The subject matter of Boeing dropping this quickly is bound to attract attention. To be continued. Now this at lunch time. A calm has settled in. The chart looks completely different.
Now this on the closing. The 202.50 series of Calls is now like two dollars "out-of-the-money".
Let's see what happens tomorrow. Has this taught you anything on the topic of looking for Thursday rebounds? Now Fridays action at 9:47 a.m..
Now this.
The clock is ticking on these options. *** Boeing disappointed. Here is how these options closed and how it traded on the week.
When a companies earnings keep falling investors lose confidence.

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