So Boeing Is Down Like $8.00 On The Day
It's a Thursday at 3:00 p.m. Boeing is down. Two things have happened. The DJIA is down and Boeing had some bad news. Would now (3:10 p.m.) be a good time to play it for the upside with a Call option that expires tomorrow or one that expires at the end of next week? Here is how they are trading. ............ My thoughts. Some people like playing one day Boeing Calls with an entry point being at 3:59:96 p.m. on a Thursday afternoon. I would feel more comfortable playing them like that on a good day that Boeing is going sideways or slightly up. To me, next weeks Calls are a better way to go. I don't really think that the news on it was all that significant. Boeing is in an uptrend and can't build things fast enough. Let's see what happens on today's closing and let's watch them tomorrow. Now it's one day chart at 3:20 p.m. There was no rally on the close of the day. To be continued. On a scale of 1 to 10 I give tomorrows outcome about 6 out of a 10.