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Chat GPT Told Me I Need To Be More In The Moment. Boeing Again

It's Friday morning. The stock in question is Boeing after going down in price for the entire previous day. That was the topic of my previous blog. What I am now showing is how the stock Boeing was trading seconds before the opening bell in the premarkets on Friday morning and what the 205 series of Calls "closed-out-at" on the previous day. That number was $1.85 down from a high of $7.50 on that day. The volume traded shown on the the first screen below are stock trades in the Friday morning premarkets, not option trades. Options do not trade in the premarkets however premarket option orders get filled at 9:30 a.m. at the opening price then posted. In the premarkets this morning around 9:00 a.m. it showed Boeing up about $5.00. Had you entered an "at-market-sell" ticket on overnight Call options you might be holding your fill will not give you that five dollar gain. You will get a fill based on the the 9:30 a.m. opening price. Now this, just three minutes aft...
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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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