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Boeing Had A Pop On Thursday Morning

Option players like to see it pop of Friday morning. It's 232:00 p.m. on Thursday afternoon and here is how Boeing has traded so far today. Would this be a good time to purchase it's Call options that expire tomorrow? Here are two different series to look at. Here is how the markets are doing at 3:21 p.m. In some ways it looks like these Calls are to late to the party. Now it's five day chart. Now this. If there is a dip on the opening the Puts are what to be watching. Look at these ones. They are kind of a stretch. What do I think? Buy the Puts now and hope for a down day tomorrow. That seems to make more sense. Nervousness on the opening can be expected. I like Boeing options. Let's see what happens. Here is it's five day chart on Thursday with less that 10 minutes to go. Let's see what happens.
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An Introduction

Online trading accounts. Some people call them a gift from the Gods! Instant access to a world of endless trading opportunities. Seamless executions with one click of a mouse.
My name is Peter and about 45 years ago I did a short gig as a “Merrill Lynch” stockbroker. Prior to that I worked for a "boiler room" type operation which fosued on mining stocks. I did not fit in well.I was busy trading EXon options and watching the back office skim money off of my profitable trades. I now work in an unrelated profession, but I still have a passion for day trading. I like Fridays for trading "one-day" options that are soon to be expiring. You can get the most bang for your buck on that day if you correctly anticipate which way an individual stock is going to move. Often times they change direction after the first hour or two of trading. That makes trading options on them more interesting. One of my favourite stocks to trade options on is “Caterpillar” because daily swings of two or three dollars on it are the norm. It is also a  stock very much void of most market chatter.
It is however largely owned by institutions who sometimes have a herd instinct when it comes to trading. 
There are times when I will take a week off from watching the market, knowing that I will be not be handicapped when I return to the action.  Option trading always offers a world of trading opportunities. Donald Trump has in some ways helped to make option trading easier. Stocks now move up and down everytime he says something about tariffs. Without any further introductions let me share with you some of the things I see happening in the markets. I offer no promise of instant successes. I just think that people in general will benefit from being exposed to platforms like this. Coming soon will be a sister site called "Ford Puts.com."

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