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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...
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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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