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How Boeing Is Set Up On A Thursday Morning

Here are two series of it's option that expire tomorrow. At 11:23 a.m. the Puts finally broke. Previous blogs talk about how Boeing has been so strong. Fighting strong stocks is a battle so the interest in them is not all that great. Here is how it closed the day. Few traders caught this downside action. Fighting strong stocks is a dangerous game. This is not a situation anyone wants to play for a morning bounce.

Ford - An Earning Report

Ford is going electric, that's the buzz. We all know the story. Earnings just came out on the stock and the Call options jumped on the opening. If you were playing options you had to get out just after the opening. With option plays on earning reports that's usually the way to best way play them. First, I will show the prior day's action. There was a gap down on the opening and 94 million shares traded. That's a large number. People were cashing out after recent good times.
Now here is a chart of Ford the next day and here is how two option series traded. Buy in at the close and sell out just after the opening. Look at how high each series traded up to just after the opening. The earning numbers were not all that great but it's the buzz about going electric.
Ford is one of the better stocks out there to play earning report releases. ** Scroll up to the upper left and read my most recent blog on MacDonald's earning report.

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