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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.

Pfizer Again. Fast and Quick.

I am back to looking at cheap options again. We have had topsy turvey markets as of the last few days. Are you looking for a cheap position to enter into with instant posible leverage? These Puts were good to buy on the close today.
.......
If the stock declines in price what it gained today these ones will be winners. If not there will still be a few days to see if it drops. Here is it's five day chart.
In the premarkets (today is a Wednesday) it is down a touch.
Now this.
Now this Puts at 10:12 a.m.
Here now is what the markets and these Puts are doing around 11:12 a.m.
In my usual fashion I would say just take the profits and run. Profits like this can dissipate in the blink of an eye. I don't want to worry about what the stock will do next. I am just happy the markets went in the right direction for me.
This trade required Pfizer to drop $.34 cents in a short period of time. It did. The charts this morning looked like it could.
Here is how Pfizer closed the day. The stock kept sliding into the mid afernoon. Other Puts also offered this same kind of experience.
*** Just for the record here is how these same Puts were trading going into Friday morning.
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