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Boeing" And "Tesla" On A Nervous Opening. Both Are Worth Watching

Boeing's chart. It's Calls that expire this Friday. A flat five minutes on the opening. Tesla, now 24 minutes into the opening is also deciding what it wants to do in this space. The Tesla Calls expire tomorrw while the Boeing Calls don't expire for four days. Here now is a look at the Tesla Calls with the same striking price which expire this Friday. They cost more than double to purchase however this printout is 25 minutes later after the stock has rebonded over $3.00. What attracts me to these two situations? First they both dropped a chunk in price on the previous day. Boeing has a cloud over it's head with rising oil prices and concerns about the debt the country is piling up on defense spending and Tesla is caught up in SpaceX coming soon news which is getting a lot of attention. It's a case of buying on the dips and discounting the possibilities of the bottom falling out of both of these stocks. Now a 10:30 a.m. look at these same Boeing and Tesla options...

Another Attempt To Explain Exxon Options.

There are times I feel safer playing Exxon options than I do playing options on other stocks. Why? Well today this happened and the options didn't move all that much.
What the heck was all that stuff? It was information that flows. It's humbling to read it. There are so many parts in motion which somehow mesh together to create Exxon's price at any one momeent. What I like about trading Exxon is that when it moves, it moves quickly. That plus when it does move the options on them move a chunk at a time. That can be a good thing. Here is Exxon's five day chart. It's had some recent really big moves.
I picked something difficult. Two series of options on Exxon that expire at 3:00 p.m. tomorow. Here is how they closed today, a Thursday. Let's be clear. This is not a situation I would like to be in.
Which way is the stock going to move on the opening? I note that there are four times more Calls outstanding than there are Puts. It's not uncommon to see things set up that way. One last thing. A chart showing how Exxon just finished out trading on the day. This time it's pretty boring.
Let's see what happens tomorrow. It opens flat. Here we are 36 minutes into the trading activity.
......
What a swing. Look at how cheap the Puts have suddenly become. Now the end of the story. First a chart showing how Exxon traded on the day.
The Calls hit a high of $1.68. Exxon options are known to move boldly.

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