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One Day Boeing Puts On A Friday

I realize that this type of a blog has a limited appeal. A blog about watching option positions move on a minute to minute basis. Now let's learn how it went for Boeing Puts today. It's 9:56 a.m. Now it's five day chart. This is where it will get interesting. Notice it has a rebound off a soft opening? Traders who used the 212.50 series of Calls on Boeing's soft opening were already well rewarded. Only 121 contracts traded during that period of time Here is what the indexes are doing. So that's it. You could wager $100.00 U.S. plus commisions for one Put contract (the 215 seriess of Puts that expire in the afternoon), or multiples thereof and walk away for an hour or two. It's a bet on your abilities to recognize chart formations. Now this. If you bought in and a small gain materializes in a matter of minutes do you take it? Sorry. It's now 10:46 a.m. There is no gain. That opportunity never presented itself. In fact these $1.00 Puts we were once excited...
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When Caterpillar Goes Up Most Of The Day On A Tuesday. Can You Play The Downside?

It seems like a stupid question. Yet if you watch the stock climb all day it is something you might be asking yourself.
First you check out what the markets are doing at that point in time.
You could then check out what the markets were doing back in the morning.
Then maybe check out it's five day chart.
What about news? Here is all I could find.
So what are the Puts doing? Here is one series "out-of-the-money".
Caterpillar is still going slightly up. Is one of those let's pick a top moments? But here is the problem. If there was to be some profit taking before the close it wouldn't be enough to help the "out-of-the money Puts". Buying the "at-money" Puts would be to expensive if there was only a slight dip. The issue that concerns me is that institutional buyers are not afraid the buy into charging markets, even in the aftermarkets. All you can really do is pass in the situation and do nothing. ** The real action was on the 520 series of Calls which opened at $1.70 and went as high as $15.10. There was a slight dip on the closing.
The 520 Puts which were $4.20 at 2:40 p.m. ended up closing at $3.45. I wouldn't want to be holding them overnight.
Fighting strong stocks is a difficult game.

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