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Short Term Options On A Volatile $5.00 Stock.

Wednesdays in the world of option trading can be days for market resets. This is the third blog I have done on this stock Big Bear Ai. Reference my first blog of November 18th blog if you wish. Here is how I introduced the stock back then. The stock seems to trades millions of shares each day. It's options have good liquidity. Here is it's five day chart. Now it's morning chart. The markets aren't doing very much. Now here are this weeks Call options, (well one series of Call options) are doing. . Can you see at how at 11.06 a.m. they are starting to move up? Now the closing day readings. Just get out. To make trades like this work the stars have to be lined up right. Read my past two blogs on this stock. With all the Ai trading why isn't the volume of options traded way higher?

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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