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Trumph Picks A Friday To Change The Rules.

This is kind of dirty pool. So the stock and options jumped on this news. Did Trumph's cronies get in on this action? It's difficult to tell as they could have got in a few days or a week ago and they could have bought Call options with longer term expiracy dates. Or his stockbroker cronies could have bought the stock to also profit in this gain. Certainly the authors formulating these policy changes were part of this action. In all fairness I can't prove that insiders profited from this Friday event. Yet here is the thing. Releasing this kind of news on a Monday or Tuesday would mitigate this kind of an event from being as impactful as it potentially could be. Option premiums shrink in value the closer you get to their expiracy dates. Lawmakers know this. They should know better than to allow this to happen. No government policy changes that will directly effect the stock market should be allowed on the trading days of the week when the majority of short term Call and P...
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Boeing Has A Strong Opening And Crosscurrents In Mid Week Short Term Option Trading.

Look at it's chart. Do you think it will go up?
Here is how one series of it's Call options with two trading day of life in them closed the previous day.
Now it's ten minute action. The $2.81 price is now $7.70.
How do you now feel about looking at the downside? Look at these details.
....
Reversals are more likely to happen in the afternoons, not the mornings. I like midweek option trading on stocks in the $225.00 price range. Now here we are at 12:59 .p.m.
Nothing has really changed.
That kind of makes sense because it is exactly at the point of middle of the week trading.
To be continued. Now a 2:37 p.m. update. The NASDAQ is super strong.
Getting stuck in this position wasn't the name of the game. The markets were strong on the news of peace with the price of oil coming down. The real winners where the people who got in on the close yesterday who benefited from this morning's bounce. So many of the daily moves now happening are politically induced.
This isn't the brightest of positions to now be stuck in. Now Thursday on the close. We are getting down to the wire.
Friday morning. These Puts got baked. Boeing is shooting up.
Now a look at it's five day chart.
Playing the spikes for the downside is a game you have to get out quickly if it is not going the right way. On a different note it's Friday and Tesla Calls have jumped again. It has done that frequently in the past.
Shown above is Friday closing reading on one series of it's Call options. A low of $2.30 and a high of $10.50. That's the kind of action worth looking at.

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