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The Same Old Game Of Buying One Day Boeing Options On A Friday Morning

You decide. Do you like this chart? The real action in the Calls happened yesterday, on a day the DJIA was up almost 1,000 points. Now a look at these one day Calls options 10 minutes into the trading session. It's early in the day. It's 9:51 a.m. .... Is the stock stabilizing? Let's move down one series of Call options.We are still in the first thirty minutes of trading. Now a 10.10 a.m. look at the 217.50 Calls. Now the 220 Calls we first started looking at. What's going to happen? To be continued. The closing numbers and a one day chart. It didn't disappoint. The 1:20 p.m. time period was the time to get out. Here is how the DJIA closed the day. So you might say that this is a stupid game to play with the risk levels amazingly high. Space X was abuzz with news today and Boeing had a scorching hot day yesterday. Today's trading activity was merely a walk in the park. One day option trading can sometimes be your best friend. To read other blogs on Boe...
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Exxon Calls Options And War. What's Happening This Week.

Last Sunday I started this blog and never posted it. Here is how it started. The next few weeks will not be normal times for Exxon options. Trading them for the last couple of months has being a walk in the park with crude oil prices stuck in a sideways moving price range. All that is suddenly going to change.
Now on Tuesday afternoon I am showing you this five day chart and what one series of this week's Friday expiring options are trading at. The 152.50 series of Calls that expire this Friday.
Now this at 3:13 p.m..
Let me point something out. Exxon spiked on both Monday and Tuesday morning. It seems to do that with the world waking up to new problems. In the opening minute or two of each trading session a feeling of panic is in the air. Will this happen again tomorrow morning? In my most recent blogs I have being emphasizing the new need for option traders to adjust their trading horizions to interday moves only and to avoid to trying to create overnight holdings. Let's what and see what happens this time. Will they spike on the opening? What's this? Wednesday premarket trading numbers.
Premarket trading numbers can often change quickly.
How likely is this to happen? Now this at 8:31 a.m.
Now Wednesday at the close. The jump didn't happen.
So here we are a few days into this exercise and we are losing the battle. Let's see what tomorrow brings. Thursday wasn't much different.
Now Friday morning. A jump in price. The real action was in the 150 Calls, not the 152.50 Calls.
So what really happened? Exxon did suprising little in mid week trading. There was a Friday morning spike upwards. It reflected the uncertainty of what might happen over the upcoming weekend. Smart traders were buying the "at-money-Calls" on Thursday just before the close.

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