Boeing Popped On The Last Day One Of It's Series of Call Options Expired. Go Figure.

I have talked about this issue before, Boeing jumping on Fridays. The problem is, it doesn't always jump. It did this morning. You never know when it is going to happen but it's almost worth it to be in the way every Friday morning just in case it does. It's difficult to see but look at the about chart. It shows Boeing jumping. Here is the 200 series of Calls at 10:22 a.m. trading at $.26 cents. Earlier in the morning they dropped down to $.12 cents. Now here is the high on Boeing on the day. The $.26 Calls would have traded up to over $1.40. Gambling (or strategizing) on getting in the way is one way to play last day expiring Boeing Calls on Fridays. Getting in the day before on the close to catch this action is to expensive. Not everyone likes this kind of trading.