Featured

"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...

Boeing Jumps Ten Percent In One Day!

1) It's chart.
2) A look at how two series of Calls reacted to this news. This time around the volume of options in these two Call positions and other Boeing Call option positions spiked. What a poor way to be offering this kind of guidance.
3) The news. The exact wording of what was said by it's C.F.O. can be found on other news outlets. It wasn't presented in formal way or in a clear and professional manner.
4) Here is why the timing of this news was so welcomed. Here is Boeing's news from 31 days before. What a different story.
One month ago Boeing dropped to $205.00 on this news. The bottom line to all of this is that this kind of "happy days" news is putting so many other stocks like Caterpillar in unchartered territories. It's all kind of like walking on eggs.
5) As just mentioned, Caterpillar today also jumped up on this burst of euphoria. Caterpillar didn't really have any good news of it's own.
6) Deere recently had a decent earning report which was watered down by it's reporting officiers. I am waiting it to start kicking itself back up again.
There is so much about all these upward spikes that doesn't feel quite right.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast