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Boeing - If It Doesn't Go Your Way Just Get Out.

This could be an exciting opportunity. ...... Now its one day chart. Ay 2:49 p.m.with the DJIA average up strongly the stock is still struggling. This could be another one of those cases where it is a good time to get out (see our Exxon blog today) for the same advise. Wednesdays can be turn around days for "one-week" or in this case "three-day" options but if things are slow in happening it's just best to bail and never look back. It's called day trading.
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One Week Options On A Monday Morning

Are you paying to much for time value if you buy in on a Monday morning? Consider these two different Call option series this morning, a Monday. These are 10:08 a.m and 10:13 a.m. readings. 1) Mcdonalds.
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2) Lowes.
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I am not a big fan of purchasing Monday morning one week options because I find they tend to be worth less closer to the end of the day. Let's follow this and see what happens. To be continued. The markets closed strong. It's not often the Nasdaq goes up over 500 points in one day.
Remember I said I am not a big fan of buying one week options on a Monday morning. The Calls on Mcdonalds closed up. The 300 series of Calls went from $1.39 at 10:08 a.m. to $2.23 at the close..
The Calls on Lowes closed up with a bid and ask of "$440.00 and $620.00" on the close with only 15 contracts trading on the day.
Here now is it's five day chart.
I say take your money and run. I don't like holding overnight option positions at this early stage on the week. Things can go the opposite way very quickly. *** On Tuesday the DJIA was up 559 points and Lowes was up a touch again.
The interest in them is very low. Now lets finish off this blog by looking at Friday morning's chart. First McDonalds.
Yesterday the 300 series of Calls were trading at over $10.00. Now Lowes.
A lot can happen in five days.

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