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$Home Depot And $Lowes On A Wednesday Morning

These are both what I would call "Big Boy"stocks which are somewhat volatile. Their price movements are often dictated by economic reports. Today is a Wednesday which is mid week in the weekly trading session. Options purchased this morning that expire this Friday will give you one full day of trading today and two more full days of trading. Both of these two stocks are up about $10.00 per shsre in the last two days. Both stocks can move either way. My focus is on the Puts which are both somewhat expensive. They have to be because these stocks are so volatile.Catch the right direction and you will do quite well. Retail stocks like this have a wide following and the price of both of these stocks can be affected by a number of differing ecomomic reports. For this reason the timing of swings can be somewhat of a guessing game. Now this. New home sales in the U.S.A. where down 6.2% in March and down 11.3% in April. It's May numbers are not released until June 24th. Now Home ...
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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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