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Chat GPT Told Me I Need To Be More In The Moment. Boeing Again

It's Friday morning. The stock in question is Boeing after going down in price for the entire previous day. That was the topic of my previous blog. What I am now showing is how the stock Boeing was trading seconds before the opening bell in the premarkets on Friday morning and what the 205 series of Calls "closed-out-at" on the previous day. That number was $1.85 down from a high of $7.50 on that day. The volume traded shown on the the first screen below are stock trades in the Friday morning premarkets, not option trades. Options do not trade in the premarkets however premarket option orders get filled at 9:30 a.m. at the opening price then posted. In the premarkets this morning around 9:00 a.m. it showed Boeing up about $5.00. Had you entered an "at-market-sell" ticket on overnight Call options you might be holding your fill will not give you that five dollar gain. You will get a fill based on the the 9:30 a.m. opening price. Now this, just three minutes aft...
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G.M. Option Are Now A Trap Few Option Traders Want To Play

G.M. popped yesterday on an earnings report.
That puts us in "a now what" trap. Will it go up or down and what about the Calls and Puts on it that expire this week (today is Wednesday) and next week? Look at at this weeks Calls and Puts that expire in three days. The first printout below are the Calls followed by the Puts. They show only the closing prices of the previous day.
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As one would expect there are more outstanding Calls than Puts. Now a question. Would you be nervous that G.M. might sell off on the opening? Why? Well investors now have had time to digest this earnings report and fret over what might happen to the car industry in America going forward. B.Y.D. is now sending boat loads of vehicles to large ports all over the world. 6,000 new vehicles are being shipped at a time. That can't be a good omen. So to catch any action on G.M. the very best time would be in first ten minutes of today's trading. Here is how one series of it's Puts traded on the opening. In my mind this was the easiest trade on the week.
It was a case of striking when the iron was hot. Now this. Sometimes irons are slow in cooling off.
** A day two update.
The downside action has worn itself thin. G.M. is now trading in a sideways pattern. The Monday morning early selloff was a reaction based on fear. The reasons that induced this fear are now somewhat forgotten. The tail end of earning reports sometimes offer these trading opportunities.

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