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Mid Week Reversals On Boeing. Is Smart Money Buying The 210 Calls Just before The Close?

I like Wednesdays for mid week reversals. This week is more difficult than usual because the U.S. is at war. These aren't normal markets with the projectory being down. So here is Boeing's morning chart at 10:26 a.m. Remember the first hour of trading and the last hour of trading have the highest volumes of trading. Now two series of it's Call options. Notice the interest in the "at-money" Call options as compared to the "out-of-the-money". Call options. Daytraders are looking at "in-and-out" situations. Now this, a look at the movement one hour later. Boeing continues to go down. I have also added a look at the 205 series of Calls. They are all sliding down. .... Is there now at 11.45 a.m. an uptick? Now at 12:03 p.m. Things are stalling out again. What does Chat GPT say about this situation? All three series of these Calls are taking a beating. Now this at 12:25 p.m. Now this at 1:30 p.m. Now it's readings at the end on the day...

Boeing. Selling Into Good News. - G.M. Remains Strong

Here is the news.
G.M. is the same story.
Re : Onshoring vehicles.
This onshoring move is only going to cost them money in the short term.
On a different note, what happened with Boeing this morning was somewhat to be expected. A good earnings report that was more or less anticipated.
Now back to G.M.. G.M. has a way of pulling lots of levers to paint a picture of what is happening. Many option players stay away trading options on the week before these reports come out. Catching Tesla Calls on a Wednesday afternoon when the DJIA jumps 300 points in two hours is a simpler way of speculating in option trading and surviving.

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