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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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Eli Lilly At Ten A.M. On A Thursday Morning

Eli Lilly is the star of the week as it moves up on good news. What is this good news? Well going forward for different reasons they are going to be able to sell more of their weight loss drugs at lower prices but in much higher quantities. Other changes will help to make it more difficult for their competitors to reach the economies of scale necessary to make it all happen. Is now a good time to be looking at it's Puts? It's 10:00 a.m. and the stock is already up $12.00.
The stock is up on good news now for a few days old. Fighting a strong stock in a hope to catch it at a top is one of the most dangerous trades to make. That plus they are super expensive to dabble in.
At 2:10 p.m. the market is way down.....
... the stock doesn't know what to do.
Here now is how the 1,030 Puts closed the day.
They jumped from their 10:00 a.m. price of $11.90. It afforded a comfortable amount of time to get out at a profit. Here is how the Puts swung on the day.
What a day for catching the downside. **** Do you want to see what happened on Friday? These same Puts hit $23.00 dollars on the opening and then the markets changed.
.....
I realize that most readers are not all that interested in short term option playing on options this expensive. Here is how Eli Lilly ended up closing on the week.

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