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"Boeing Calls" On A Friday Morning.

I wrote the very same type of blog about Boeing's trading pattern last Friday. In that blog Boeing went flat in price for the entire afternoon. Any profits to be made in the Puts happened in a very limited period of the morning's trading action. Might things today happen in the same way? The price of oil is suddenly up. That's not good for Boeing. Let's begin with Boeing's five day chart. Now it's one day chart on Thursday. Look at how the stock wandered back up towards the very end of yesterday. Could it inch up another touch on the opening and then run out of steam? Would this be a good time to be focusing on the 210 Puts? Experience has taught me not to be jumping into Calls options on Thursday afternoons to catch Friday morning rally. That's more something one might do at the end of the day (on Fridays) to catch a Monday morning bounce. Here is a look at what two series of it's Puts are doing and it's chart about eight minutes into Friday morn...

Options On A Six Dollar Stock That Can Surprise. A Five Day Journey Of Adventure ( Big Bear AI)

I have writen a few checky blogs recently about some relatively obsure company called Big Bear Ai. It does however sometimes make the list of the top most actively traded stock by share volume on the NYSE index. That's how I initially discovered it in the first place. It's a hot stock now but it six months time it may be long forgotten. Here is it's year to date chart.
Today is a Monday and here is what it's chart looked like at one point last week when I said it could be a good time to catch the upside. As you can see in one of my last blogs the options on it more than doubled in price on the following day.
This time the chart shows the same end of week bounce and a slight sell off this Monday morning.
Could this be a good entry point? Monday morning sell-offs may linger, longer than one would think.
Now this two hours later. Little has changed.
They closed the day at $.31. Playing options on six dollar stocks is not always a walk in the park. Now it's Tuesday morning. These same Calls had a rough opening as you can see by the chart below and they traded down to just $.20 .
Here is how they closed the day.
Look at the volume of trading. Once we see tomorrows open interest numbers we will be able to see if traders today were getting "in-and-out". $.20 to $.36 is not a bad swing and these options are liquid. Imagine in the U.S. to be able to trade with no commissions. Now it's five day chart.
Now Thursday journey.The DJIA was strong on the day.
The options dipped and then came back again.
Now Friday. First a five day and then a one day chart.
The 6.50 Calls expired worthless. Here is how the stock traded on the day.
The $7.00 Puts were trading at their lows of the day around 10:15 a.m. That was the time to get in and then out at noon.
Tracking the stock like I have done is not that difficult to do. Options on this stock offer multiple trading opportunities. **** By share volume BigBearAI was the most activity traded stock on the NYSE last week.

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