Featured

Boeing Puts At 10:24 A.M.

Here they are. What I want to show you is the open interest at 10:29 a.m. and the open interest as 10:31 a.m. I have talked about this before, computer generated traded kicking in at 30 minute intervals. Now this. Nothing happened. In option trading there is always a bias to the upside. What this tells me is that fot the next ten minutes of so I don't see Boeing surging upwards. Here is it's morning chart at 10:43.a.m., thirteen minutes later. Now the Puts. Now the Put action at 11:20 a.m. with the D.J.I.A up 460 points. One option at this point in time is to give up and sell out and get your money back. Most traders don't think that "one-week-options" offer this versatility. They do. Getting back your money playing Puts on a morning the D.J.I.A is up 460 points is a win in itself. Just get out and look at this situation on a day the indexes are not so strong. Here is how Boeing closed the day. This trading activity never ends.
Post a Comment

Playing Eli Lilly Calls On A Thursday.

Here is it's chart. Look at the extreme one day price movements.
Here are what the indexes are doing at 11:10 a.m..
Now the Eli Lilly Calls twelve dollars "out-of-the-money" with one day to go.
Now this, an end of day report.
Now it's five day chart including today's action.
To be continued. There is still reason to be optimistic. Now this in Friday's premarket.
Friday was a suprise. The 140 Calls turned into a suprise. Very few traders had the guts to play them. This happened.
Eli Lilly often suprises. Jumping in on Wednesday on the downside or jumping in on Friday morning was the way to play it. *** Can you play options on Eli Lilly up and down? They are expensive however as of late they have had huge price swings. Looking for opening market reversals is one way to play them.

Comments

Post a Comment

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

Image
Here is the bad news. The company is Eli Lilly. How bad is this news? Well look at it trading in the premarkets. So what do I think? I think the news is a setback of sorts, but not really all that bad. The stock is going to open lower, that's a given. It's like trying to play Boeing after an announcement that an airplane has crashed. So the stock is going to crash and it might have a small rebound and then it's going to slide down some more. A test of sorts will happen sometime in the afternoon. It might stock falling but then where will it go from there? The best case scenario is a recognition that investors got it all wrong and the stock ends up flat on the day. Yet there might be more of a downward dumping of the stock on the close followed by a selloff on tomorrows opening. Should option players be jumping in to play the upside on next week's Calls? That is the question. Here is a look at Boeing on the days after a crash. Day two after the crash was equally as ...
Read more

News on Polestar , Lucid (Trading After A Reverse Stock Split) Plus Ford News And Vinfast

Image
Look at the one year chart on Polester. Now it's one month chart. What's going on? It's confusing. It was down $.36 cents on the week. If you want you can spend $.20 or $.25 on Puts and hope that the company goes under in the next five or six months. They recently raised more money by releasing more shares so it's running out of options. You can't run at a loss forever and this news will most likely scare off potential new car buyers. This actually is a low number of outstanding Put options. The consensus seems to be that it is not game over yet. Lucid started trading this week on a "one-for-ten" reverse stock split. Here is its one week chart. It was down $1.39 on the week. It's also going to struggle. Both of these stocks have challenges ahead. On a more positive note here is a chart that looks kind of perky. Ford on the week. The stock was down $.03 cents on the week and it was the 3th highest in share volume trading on the NYSE. It appears...
Read more

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Image
Some say to think small, not big. Trying to play Disney options is thinking big. It is a stock slightly out of favor. If we start with it's a three year chart, we will see it is down by about 50% over that period of time. Now it's one year chart. If the stock can break 110 in early 2024 the sky is the limit. It does have a lot of moving parts so anything could happen. Look at these Calls options one year out. One year in options buys a lot of time.They look reasonable. If the stock ever inched up to the $105.00 price level in the three or four months these options would jump up in price by about 50%. Even more if they had really good news. Yet it's the "what-if" aspect of the equation that castes such a trade in doubt. "What if" stories just don't cut it. There are to many variables in play. Then again, why are we even thinking of long-term Call options after a December's rally? Let's switch gears. If consumers are out spending for X-ma...
Read more