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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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Options On Stocks In The $4.00 Range "Big Bear a.i."

First a look at the one day chart on a company named Big Bear a.i..
The second chart just above is a five day chart so the jump I am talking about happened on the fourth day of this five day chart which was Tuesday. On Wednesday as you can see the stock slightly retreated. Next you can see how on Tuesday the four series of Calls went from $.04 to $.25.
I have blogged about this company in the past. A few months ago this stock was on the most active list week-after-week. Here is it's "year-to-date" chart.
This story keeps going. The stock ended having a lessor bounce on Thursday. It was an interesting bounce with a portion of it happened at exactly 2:00 p.m. and lasted for about an hour. Here is what the bounce looked like and this time we are looking at the 3.5 series of Calls which is a lower series of "in-the-money" Calls than we looked at two days ago. Slightly "in-the-money" Calls are the best options to use in situations like this.
While all of this makes for an interesting read one has to wonder if situations like this are really playable. Yes and no. One has to super nimble to be involved in situations like this. I wouldn't want to be trying to play these options on the last day they expire. Let's check in later to see how they closed out the week.
Where the stock is going from here is just a guess. I would rather be getting in mid week trying to play a reversal in the stocks price.

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