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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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Mid Week Reversals On Boeing. Is Smart Money Buying The 210 Calls Just before The Close?

I like Wednesdays for mid week reversals. This week is more difficult than usual because the U.S. is at war. These aren't normal markets with the projectory being down. So here is Boeing's morning chart at 10:26 a.m. Remember the first hour of trading and the last hour of trading have the highest volumes of trading.
Now two series of it's Call options.
Notice the interest in the "at-money" Call options as compared to the "out-of-the-money". Call options. Daytraders are looking at "in-and-out" situations. Now this, a look at the movement one hour later. Boeing continues to go down. I have also added a look at the 205 series of Calls. They are all sliding down.
....
Is there now at 11.45 a.m. an uptick?
Now at 12:03 p.m. Things are stalling out again.
What does Chat GPT say about this situation?
All three series of these Calls are taking a beating. Now this at 12:25 p.m.
Now this at 1:30 p.m.
Now it's readings at the end on the day.
NOW IT'S CURRENT FIVE DAY CHART AT THE CLOSE ON THURSDAY.
The stock dropped all day making it difficult to get excited about playing the upside. Did smart money buy into the 210 Calls just prior to the close? Do markets sometimes rebound after drops this large?
Looking for a rebound on a Friday morning is now a dangerous game. These are not normal markets for option trading.

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