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Mid Week Reversals On Boeing. Is Smart Money Buying The 210 Calls Just before The Close?

I like Wednesdays for mid week reversals. This week is more difficult than usual because the U.S. is at war. These aren't normal markets with the projectory being down. So here is Boeing's morning chart at 10:26 a.m. Remember the first hour of trading and the last hour of trading have the highest volumes of trading. Now two series of it's Call options. Notice the interest in the "at-money" Call options as compared to the "out-of-the-money". Call options. Daytraders are looking at "in-and-out" situations. Now this, a look at the movement one hour later. Boeing continues to go down. I have also added a look at the 205 series of Calls. They are all sliding down. .... Is there now at 11.45 a.m. an uptick? Now at 12:03 p.m. Things are stalling out again. What does Chat GPT say about this situation? All three series of these Calls are taking a beating. Now this at 12:25 p.m. Now this at 1:30 p.m. Now it's readings at the end on the day...
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The Caterpillar Party We Talked About In My Last Blog Ended On Monday Morning.

So here is the first trade on a Caterpillar Put this morning.
Someone jumped in as Caterpillar was shooting up. Then this happened.
Caterpillar jumped some more and a block of ten Puts sold and then another one. Then this happened.
The poor fellow who got in at $6.00 paid to much. Then this happened.
Big volume surged in and these options went up. It all happened in 35 minutes. That's what Monday morning trading can sometimes be about. This blog ties into the story of my last blog. The danger now at this point is that Caterpillar could tick back up. Look at it's five day chart.
I wonder if the above traders are taking their profits. Here for interest sake is how these Caterpillar Puts closed the day.
Now at Tuesday look.
On Wednesday the party ended for the Put holders. It's hard to fight rising stocks.
The Puts closed at $350.00
Look at the jump it had in the first three hours of trading.
As sometimes mention, reversals happen in the middle of the week.

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