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A Look At "The Bids And Asks" On Two Different Series Of Put Options That Expire In A Few Hours

On July 3th the markets were closing at 1:00 p.m. with July 4th also being a holiday. Many traders were disconnected from the markets. It is holiday time. Let's look at these two different option series. 1) Boeing. It jumped up in price over $4.00 in early market trading. Boeing does that sometimes on Fridays. It's 10:15 a.m. and here are the slightly "out-of-the-money" $215.00 series of Puts which are just over $1.00 "out-of-the-money". The stock is at $216.21. These Puts expire in less than three hours. If Boeing started to give back some of it's gains these Puts could be worth big money.The stock is at $216.21 and the striking price of $215.00 isn't really all that far away. Look at how cheap these Puts have suddenly become. What ended up happening? Here is a summary of how Boeing end up trading on the day. Boeing never ended up selling off to below the $215.00 price range. The 215 Puts ended up expiring worthless. *** There was other ac...
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Boeing and Google Calls the Best on the Day After a 800 Point Dip.

No one saw the drop coming. It was a really bad day. Stock holders would now be caculating their forty percent losses in their portolio to now reaching fifty percent. That's how bad it was. Some people say that playing options is to difficult to do yet owning stock is not always a walk in the park. Here are two of clips. The first one shows what was happening with the stock Google and the second clip shows
Boeing. These are of rebounds in the markets near the end of the trading day. The last hour of trading. Frequent "Google" and Boeing-option-traders" loved it. Now here are the opening numbers thirty minutes into the market on the following day. Things are up enough to give Call option traders a tradable opportunity.
Now can to see option trading as being interesting? Here is the strange thing. Go back and see the number of contracts traded on Google in the first three or four minutes of trading. There was suprisingly only one. With the size of our earth and the millions of people in the stockmarket why did only one trade happen which would have included premarket activity? That's strange to me. On the next day Wednesday, Boeing popped.

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