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Mid Week Reversals Boeing.

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. 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" positions. Now this, a look at the movement one hour later. Boeing continues to go down. I have added a look at the 205 series of Calls. They are all sliding down. .... To add light to this situation look at what the DJIA is doing and it's five day chart, now at 11.45 a.m. There is 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...
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Do You Have To Be A Wizard To Play Exxon Mobile Options? You Decide.

Look at this chart. It's Exxon's one day trading chart of last Friday. Zoom,zoom, zoom.
Here is it's five day chart.
Shipping oil on the high seas is becoming more of a game of cat and mouse. Some ships regularly change their flags and their colors. Looking at the above five day chart on Exxon Mobile would you want to be holding this weeks 135 Calls starting the trading session on Monday morning? Here is how the 135 Calls closed the week.
Now this, the premarkets on Monday morning.
You can't trust these numbers. Sometimes the hype burns itself out before the markets open. At some point in this process the following news was being assimilated.
Now this.
Exxon jumps on the opening but not that much and quickly gives up some of that gain. Now this.
The Calls are up 25% in the first three minutes of trading. That's something but not all that bad if you bought into this series of Call options during the closing seconds of Friday's trading session. Are traders now rushing in to buy the Puts?
Not really. Exxon Mobile commands respect. Now this at 9:57 a.m. Exxon is now down.
Making money on Exxon Mobile Calls and Puts requires you to be in the zone. *** More on being in the zone. Tuesday morning.
Exxon has a small spike on the opening and the Puts trade down.
Now this chart as Exxon gives up some of that gain.
The Puts change in price.
You can see how this action never stops. Exxon went on to close the day on the upside again.
Exxon never sleeps.

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