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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? 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...

NIO Could This Be The Real Thing?

Do you know the company?
The stock first came to the DJIA back in 2018 at $6.25 a share and no it doesn't pay dividends. It took off. Here is it's share pricings dating back to when it first got listed.
A lot of people got burned. Here was an overseas company boasting of having the fastest electric car in the world. Zoom went the stock and then it crashed. Now this. Today it had news. A quarterly earnings report and for the first time it turned a profit. That was a suprise.The new question is can they continue to do this or was this event just a splash in the pan? Look what happened this morning. This is a five day chart.
Look at these 9:46 a.m. Call options and the 4:00 p.m. options.
...
So this is a situation where you can buy in after the release of good news and still get out in the day at a profit. Imagine if this news came out on Thursday afternoon just after the closing bell? Inexpensive little soon to expire "one-day" Call options would shoot to the moon. Nio was smart to release this news early in the week with no Calls on it expiring that day or the day after. ** Read my recent blogs on Call options on stocks in the $5.00 range. Yes they are dangerous but yes they can sometimes pleasantly suprise. ** What an exhausting ride for Nio shareholders. You Tube videos are all over this story. *** Here is how this series of Call options closed out the week.

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