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Boeing Has A Strong Opening And The Game Of Trying To Fight A Strong Stock In A Resilient Market

Look at it's chart. Now how one series of it's options closed the previous day. Now it's ten minute action. Now a 11:00 a.m. question. How do you feel about looking at the downside? Is this going to be the day when the DJIA index jumps 1,000 points? Look at these details. .... Reversals are more likely to happen in the afternoons, not the mornings. I like midweek option trading on stocks in the $225.00 price range. To be continued. Now here we are at 12:59 .p.m. Nothing has really changed. That kind of makes sense because it is exactly a point of middle of the week trading. To be continued. Now a 2:37p.m. update. The NASDAQ is super strong. Getting stuck in this position wasn't the name of the game. The markets were strong on the news of peace with the price of oil coming down. The real winners where the people who got in on the close yesterday who benefited from this morning's bounce. So many of the daily moves now happening are politically induced. This ...
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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.

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