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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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Caterpillar - An Earning Report

It was stronger than expected.
In a blog I did last week on April 24th here is how the 830 series of Calls were trading that day.
The open interest and volume of trading in the Calls at that time was next to nothing. Here is how they traded today on their earnings report news.
They more than tripled in price in one day. Only 29 contracts traded on the day! Traders were afraid to shell out the large amount of cash $2,771.00 to be exact, to be in the game. That's just to much money. The return was $7,235.00. That is more than a double. Was I wrong for not recommending them as a purchase? I was saying that Caterpillar was trading at lofty levels and I followed the Puts instead which ended up going sideways for a few days. There is always a bit of nervousness just before earning releases. The game with Caterpillar will continue. Now this.
It now looks like it's going to go to $900.00 or even $1,000.00 per share.

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