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First Solar. Part Two And Visa And Walmart.

Back on Thursday I said don't hang onto First Solar Calls going into the Friday trading session after it dropped mid week about $30.00 in one day. Why be stuck in a one day option position just after it had a major drop? Revisit that blog if you like. Now let's move forward to Monday afternoon on January 12th. Here is how First Solar is now doing. It has had a bounce. This time we are looking at it's "this-weeks", Call options. Notice the open interest number? Those were mostly all positions opened up last week by forward thinking option players. Now this. Visa. Last week Trumph suggested after the markets closed on Friday that he wants to cap interest rates on credit cards at 10% for one year. Today is Monday afternoon. Look at Visa's one week chart. Visa dropped $10.00 on the Monday opening, in reaction to this news. Now look at the action in the 340 series of Calls. Lets better look at this activity from a different perspective. Traders who bought Call o...
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Boeing 1st Quarter 2022 Earnings Report

The markets are rough in recent days. Boeing just had earning reports come out. Here is what happened in the first hour of trading. It doesn't matter what the numbers are. What matters is how the company addresses the issues.
How does a company lick it's wounds after news like this. Well they artfully plants forward looking statements.
Seven little very polished points which help to wash away the past and make us look forward. Well done. That's why their C.E.O.s get paid big bucks. Here is a look at one series of Boeing Call options two weeks out. The 155 series of Calls which expire on May 13th 2022. Is two weeks enough time to wash this bad news away? That's the bet.
Notice this is a series which previously never had any "open interest" in them. This is rare but not necessarily a bad thing. Do you have $420.00 U.S. you want play with? It's a chunk of cash. Yes or no? Is this the right time to "pull the trigger"? It's the catching a falling knife position. It's dangerous because the stock might keep falling. It's only 10:30 a.m. so is the bad new scrubbing all over? I don't know. Sometimes you have to live on the wild side. ** A 2:00 p.m. update.
Finally here is how it closed out the day.
We will check back in on a later date.

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