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Showing posts from January, 2022

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Boeing Jumped On Both Thursday And Friday Morning.

Here is it's five day chart last week. It jumped on Thursday morning and on Friday morning. It's chart looks perky. Will it jump again on Monday morning? No because Monday morning this time is a holiday. Will it jump on Tuesday morning? On Friday the stock was up $3.61 and here is how this one series of Call options closed the week. These are Call options only slightly "in-the-money". If there is an opening bounce on Boeing on Tuesday morning these ones could quickly jump up in price a touch creating a "get-in-and-get-out-and-never-look-back-situation". Let's see what happens. (Did you know that Boeing suspended dividend payments back in March 2020?).
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Disappointment on The Opening - Caterpillar Earnings Report

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Caterpillar's earnings report. What I see is 4th quarter sales up 23%. Strong 4th quarter earnings of $3.71 per share.That's a solid number. Just think, the supply chain issue isn't being used as a mistake. Now look at the the opening options market. The stock is down on the news. Management made a few remarks about near term headwinds. They do that sometimes to temper growth expectations. These two quotes are the 205 Call series which expire today. One is at 9:44 a.m. and one is at 10:03 a.m.. They would be very dangerous to consider purchasing since its very unlikely that they could ever shake off this downward spike so early in the morning. So now what? It's at this time in the morning when the decision to reacte to this bad news gets tricky. The stock is down like ten dollars and the DJI is having a good day. There is a strong tempation to jump in on the upside hoping for a quick reversal. That's one of the things that makes option trading so difficult. One...
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