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The Trade Of The Week

Boeing Calls suprised on Friday. The stock dipped at 10:00 a.m. So did the Boeing "at-the-money" Calls at that exact time. I often talk about Boeing options, most usually in the context of purchasing one week out Call options on Boeing at 3:59:56 p.m. or 3:59:57 p.m. on Fridays "at market" looking for jump upwards on monday mornings. I also note that 10:00 a.m. as well as 12:00 a.m. are commonly periods of time in the trading sessions where reversals in stock prices can take place. This phenomena is not an illusion. In this instance, there was an opportunity to pay $20.00 per contract for one day Call options on Boeing that were expiring that day which ended up closing the day at $990.00 Your timing in doing this had to be spot on. In all fairness it is not everyday that Boeing jumps up almost 5% in one trading session. Call options on Boeing at that time which where "out-of-the-money" had even more extreme upward moves. I don't want to bore you howe...

"Bigbear Ai" Options Going Into A Friday.

Why am I talking about "Bigbear Ai". By share volume it was the most actively traded stock this week on the NYSE. It droppedd $.66 cents on the week and was down 10.9%. Look at how the $5.50 series of Calls and Puts are poised to trade tomorrow ( friday). I talked about Bigbear Ai options in an introductory blog for the first time only a few days ago. The stock was down over 5% in one day today (Thursday) and the 5.5 series of Calls sank in price from a high of $.98 down to a low of $.14 on the close. Traders can now bet on it rebounding on the opening. Traders that is who made money all week speculating on this companies options and who can now afford to stay in the game. Others who also know about the crazy trading patterns of this stock might opt to wait until next week to join the party once again.
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Look at how the stock traded on the week up until Thursday at the close. Friday's action should be interesting. To be continued. Now a 12:30 p.m. update. It' not what you might think.
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The markets are up over 700 points and these options are doing nothing. Here is how the stock closed the day.
Only the $5.50 Puts made a little bit of money on the opening.
These options for some traders have become an obsession.

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