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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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What $1.00 Gets You in "Two-Week-Out-Options" (One Dollar Is Really $100.00 Dollars).

I have talked about Carmax before. The stock got hit hard on a recent earnings report.
Now it's five and thirty day charts.
The stock seems range bound. I like stocks that go sideways after a slight bounce. Now look at this, a look at how other companies in the same space are trading on the day. They are all down except Carmax.
On a good day when everything is up these Calls could move upwards by 50%. (Don't take my advise ..... learn to look for opportunities like this on your own ....). Here they are at 3:56 p.m. On ten contracts the move on these Calls would have resulted in a profitable afternoon day trade.
Here is how the stock traded on the day. What a smooth afternoon Monday ride.
These are next week's out options. I wouldn't be trading options on stocks in this price range with only days to go.

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