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Walmart And Costco

It's Thursday morning on January 8th. Walmart opened down. But look at how Costco opened up. This time I am showing it's five day chart. A first, no one really new why but then news like below surfaced. I was also searching for the news as I knew something had to be up. At one point in the morning Costco was up over $40.00. So Walmart is dropping and Costco is really shooting up. At some point Walmart has to turn around to catch some of this positive spinoff. Look at how the 100 series of Call options on Walmart shifted gears at 10:00 a.m.. Do these two stocks always trade in harmony with each other? Obviously not but there comes a time when some sort of a cause-and- effect becomes apparent. At exactly 10:00 a.m. this morning there was a realization that Walmart had to change it's direction to stay in tune with what it's big brother Costco was doing. At that time the 110 series of Calls which would be expiring the next day traded down to $90.00 per contract. Now...
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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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