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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Boeing" And "Tesla" On A Nervous Opening. Both Are Worth Watching

Boeing's chart.
It's Calls that expire this Friday.
A flat five minutes on the opening. Tesla, now 24 minutes into the opening is also deciding what it wants to do in this space.
The Tesla Calls expire tomorrw while the Boeing Calls don't expire for four days. Here now is a look at the Tesla Calls with the same striking price which expire this Friday. They cost more than double to purchase however this printout is 25 minutes later after the stock has rebonded over $3.00.
What attracts me to these two situations? First they both dropped a chunk in price on the previous day. Boeing has a cloud over it's head with rising oil prices and concerns about the debt the country is piling up on defense spending and Tesla is caught up in SpaceX coming soon news which is getting a lot of attention. It's a case of buying on the dips and discounting the possibilities of the bottom falling out of both of these stocks. Now a 10:30 a.m. look at these same Boeing and Tesla options. First Boeing. At 9:34.a.m. the Calls we were watching were trading at $2.81. Now they are at $1.68.
At 9:54.00 a.m. the Tesla Calls we were watching which expire tomorrow were trading at $5.00. Now they are trading at $9.19.
Is there a skill set involved in giving Tesla a green light a this particular time and Boeing a red light? In a way there is. There is more urgency to get rid of Tesla whenever there is a chance you can take a good profit. The Boeing position allows more time to get bounced around. Now a look at how Tesla and Boeing both closed the day.
Boeing dropped on Wednesday as war news caused a spike in oil prices. Option traders are aware of this risk. War news affects Boeing more than Tesla. To be continued. Thursday just after 2:00 p.m. with the DJIA up over 850 points. Look at what these same Calls are now trading at.
Now it's five day chart.
Can you see how Boeing is an option traders stock?

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