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Boeing Jumped On Both Thursday And Friday Morning.

Here is it's five day chart last week. It jumped on Thursday morning and on Friday morning. It's chart looks perky. Will it jump again on Monday morning? No because Monday morning this time is a holiday. Will it jump on Tuesday morning? On Friday the stock was up $3.61 and here is how this one series of Call options closed the week. These are Call options only slightly "in-the-money". If there is an opening bounce on Boeing on Tuesday morning these ones could quickly jump up in price a touch creating a "get-in-and-get-out-and-never-look-back-situation". Let's see what happens. (Did you know that Boeing suspended dividend payments back in March 2020?).

Harley-Davidson

First, I am not a big fan of playing options on stocks in the thirty and forty dollar range. It's not like speculating in Boeing or Caterpillar Calls and Puts with these stocks swinging up or down two or three dollars nearly everyday. Harley Davidson is a thirty five dollar stock. Look at how it is trading so poorly on the good earnings news back at the end of April.
Now here is some of this news.
All the good news was wiped out by the forecasting of a bit of a slowdown in the second half of this year. Investors who bought in early this year when the stock was trading over fifteen dollars higher who correctly anticipcated this surge of earnings must now feel so frustrated. Where are their rewards? Now look below and see where the January 37 Calls are trading at. If the stock gets above forty you would be in luck. That would buy you their next two earnings reports. By then management might see their business in a more favourable light. Yet the chart looks ugly and there doesn't seem to be a support level.* With most option positions "time value" works against you. When you purchase eight months of time and your reasonings for buying in turn out to be correct the time value can become your friend. It is however still a scary position to be considering.

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