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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...

Draganfly On The Fly.

A few months back this Canadian company was trading around $4.00 a share. Here is it's five day chart and it's year-to-date chart.
Options on stocks in the ten dollar range can over amazing leverage. Let's watch how the short term ten dollar options did on today's opening of this stock. Other stocks in the same spce include 1)
2)
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4)
5)
All are dangerous to play. Let's watch how the Dragonfly options do on the opening. I have talked about this company before. One series of it's options just jumped over 50% in less than the first three minutes of trading.
The jump in price was short lived but it did happen.
Are you following these charts and looking for action? Acher and Joby both dropped 10% on the opening.
What happened? Two things.
There will be more action to follow. Draganfly ended up trading sideways all day.

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