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A Look At "Ford" Calls On A Tuesday Morning Opening. FORD BLOGS CAN BE A GOOD READ

Here is how it seems to be set up to go. How it all turns out might surprise you. We are expecting a slightly weak opening on the price on Ford's stock price this morning and on the D.J.I.A. index. Yes there is fresh news on the Ford Motor Company before the opening. They have announced yet another recall. This time it's for "wiper blade" issues on over 400,000 vehicles. That number is not a typing error. At least it's not a recall for engine or transmission problems. In an odd sort of way this news will help to get past customers back into their showrooms for like thirty minutes or so. The recall should be a quick, one time fix. It's still however going to cost them massive headaches to organize and millions of dollars. What an inconvience for a large number of drivers. Look at these two premarket readouts, the second one at 9:00 a.m. Can you see Ford's stock price trading down in the premarkets?. The question is how much will the 11.5 series of Calls d...

Can You Play Exxon Crashing On The Opening?

Here is it's five day chart. I have talked about these options before. Exxon drops on the opening.
The Puts going into the trading session obviously did well.
Is it time to buy the Calls for a rebound? Here are two series to look at. Only one contract traded in the first five minutes of trading. That tells us traders do not see this as being an amazing opportunity. It also shows us that experienced option traders have taught themselves to wait before they attempt to participate in any kind of a rebound. That's what you have to teach yourself to do.
.......
Does this change at the 15 minute into the market time period?
I can't tell for sure however it looks like someone may have bought a block of 50 contracts in the 116 series of Calls.
Here we are at 10:00 a.m. Could this be the bottom?
Now here we are at 12:22 p.m. Happy times are here again.
The 115 series of Calls which were trading for $1.87 at 9:46 a.m. now at 12:22 p.m have moved upwards to $2.70. The 116 series of Calls were trading at $1.30. at 9:47 a.m. and they are now trading at "bid" $1.90 and "ask" $2.06. The real question is what time in the morning did these Calls hit their lows. Here is the answer. The answer is 9:55 a.m.
Jumping in to early in the morning is obliviously a mistake but guessing the exact low of the mornings trading activity is nothing more than a guess. Might any of these trading situations help you in your future decision makings? Option trading in Exxon is friendly to newbie traders. Like with Pfizer and Carvana I have blogged about this morning I just would take my profits and run away, even if that ends up proving to be a poor exit point. The stock did get softer in price towards the end of the day.
Other postings I have made about trading Exxon follow this same theme.

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