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Step Down Charts And Short Term Options. Nio

Here is a classic "step-down-chart" with one minute of daytime trading life left in them before the markets close at 4:00 p.m.. The stock is Nio. ... This printout of "in-the-money" Call option also shows one minute of trading life in them before the market closes. It's Tuesday and these Calls expire this coming Friday. You are purchasing three days of market trading life. To purchase one thousand shares of this stock would cost you $5,750.00. To purchase options that control the price movement of one thousad shares of this stock for three trading sessions would cost you $370.00. ( Ten contracts at $.37 each). These Calls are also currently $250.00 "in-the-money" which means if the stock totally goes flat for the next three days your options will still have that amount of intrinsic value left in them. Now think about this. Many option accounts in the U.S. enjoy free option trading and there are discount brokers in Canada who can save you money. A fl...
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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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