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? Let's start with Boeings five day chart. Now it's one day chart on Thursday. Look at how the stock wandered back up towards the very end of the day. Could it inch up another touch on the opening and then run out of steam? Would this be a time focusing on the 210 Puts? Experience has taught me not to be jumping into Calls options on Thursday afternoons to catch Friday moring rallies. 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 morning's action. Boeing opened relatively flat with the stock moving up just ove...
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