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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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Reasons Why Readers Skip Blogs About Tesla And Why Exxon Options Are Playable.

I see the stats. What I see is that viewer's don't care to read my blogs about Tesla options. I understand why. Tesla is not a new kid on the block and most options traders have tried their hand in trading in it. Timing the market swings seems to be problematic. One partial solution as ridiculous as it sounds is to trade it from 1:00 p.m. to 3:00 p.m. on Fridays on days that it is in an uptrend. Then there is Exxon. Exxon moves independently from what the markets in general are doing. It's options trade in one dollar intervals which is nice. Walmart options also have this feature. You can play them interday with interday price swings which are constantly known to suprise. Swings can be large. Profitable trades can be done in hours if you correctly catch the right direction the stock is about to move. Look at this five day chart.
Todays trade of the day was to buy it on the early morning dip. Look at the low of the day in the early morning trading of $1.36 and then an upward surge which lasted all day and then continued into the following day.
This time we are looking at the 119 series of Calls. At 10:00 a.m. in the morning they were tradig at $1.38. They then ended the day down at $1.10.
Somewhere between 10:00 a.m. and 4:00 p.m. these Calls did jump up to $1.99. If you look at the bottom chart you can see how things started to cool down in the last few hours of trading.
Do you have the energy to tract this stock that closely? *** Exxon on the following morning.
This story never seems to end. Exxon option traders are well aware of the dynamics of playing these options.

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