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Looking for a Rebound On A Thursday Morning. The Day Of The Big Crash.

Here is what happened to five different stocks on day two in the aftermath of the Trump tariff mess. It's not very often we see spikes in the market like this. It's Thursday around noon. Look at what tomorrows Call options are trading at. I will track how they turn out. Should "short-term" options players be in markets like this? Let's find out. Let's look at the Calls only. In past blogs I have pointed out that Thursday mornings are not usually a good time to paying for any options that expire the following day. A sixty dollar drop in the first hour or so of trading. Time to play a rebound? Apparently not. Call buyers are not jumping to buy in. Now Robinhood. Trader's are buying back in. What could the gain be here. Now Ndivia. Now Caterpillar. Now Netflix. Now the Thursday market close. Look at how the markets closed on the day. The Call options in this case is upfrom where it was at 10:42 a.m. Here is it's five day chart. Now the Robin Hoo...
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Sunnier Days

The Dji index is down 500 points in one morning's session and it looks like some stocks might be looking for reasons to rebound. Look at Moderna, a drug stock and it's five day and one day chart as of 12:30 p.m. today. It's down sixteen dollars on the day.
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Here are a look at two series of Call options on it which expire at the end of the week.
What's now happening? Players are looking for swings. If Moderna was to gain back half of what it lost on the day in the next few hours then the Calls with the two hundred series striking price might rebound back up to three dollars. It's the two dollar options which are trading with more volumes. So option players are looking for a three hour afternoon rebound to make a gain of fifty percent on their investment. Fair is fair but think of all the speculators who bought in when the stock was five or ten dollars higher earlier this morning looking for a rebound. In the big scheme of things when the markets drop five hundred points in one morning and your sitting on the sidelines the best thing to do is wait for sunnier days. *** Part two. This morning Boeing continued to move up, following it's recent trend. Yet why is it going up if the rest of the market is crashing?
Boeing did finally decide to sell off in sympathy with the rest of the market as the above chart shows and at 1:10 p.m. here is what these Puts looked like. It's mid morning running out of steam did create a playable trade. I will recap both of these trading situations at the end of the trading session.
+++ The markets traded sideway all afternoon and never came back. No pop in Moderna and Boeing tried to rally but then gave it all up. That's why you kind of have to stay away on mornings it drops 500 points.
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