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Boeing Puts At 10:24 A.M.

Here they are. What I want to show you is the open interest at 10:29 a.m. and the open interest as 10:31 a.m. I have talked about this before, computer generated traded kicking in at 30 minute intervals. Now this. Nothing happened. In option trading there is always a bias to the upside. What this tells me is that fot the next ten minutes of so I don't see Boeing surging upwards. Here is it's morning chart at 10:43.a.m., thirteen minutes later. Now the Puts. Now the Put action at 11:20 a.m. with the D.J.I.A up 460 points. One option at this point in time is to give up and sell out and get your money back. Most traders don't think that "one-week-options" offer this versatility. They do. Getting back your money playing Puts on a morning the D.J.I.A is up 460 points is a win in itself. Just get out and look at this situation on a day the indexes are not so strong. Here is how Boeing closed the day. This trading activity never ends.
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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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