Featured

Tesla And The Play Of The Week - An Easy Read.

Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the decade.

Boeing. Trouble Where Trouble Shouldn't Be.

  Look at it's 30 day, 5 day and Y.T.D charts. Why does the stock keep falling? The company has a backlog of new orders. Is the company getting so big that it can't manage all of its moving parts? It's so confusing. It's most recent quarterly report was great.


The scary part is that as the stock falls there doesn't seem to be any support levels. That's what makes thinking about trying to play them so difficult. That's why the volume of trading in them is next to zero. Well yesterday it was zero in two series I am watching. Not shown was surge in trading volumes on Boeing in the final few minutes of trade yesterday. In a way that was a tip-off as to the possibilities that the stock might rally on the opening on the following day. Here now are the closing prices of the 187.50 Calls on Boeing that expire this Friday and the following Friday. Remember the numbers $283.00 and $450.00.
Now let's look at how they are trading ten minutes after the opening bell on Oct.3th as the markets opened lower.
The near term Calls jumped from $2.83 to $4.67 and next next week Calls jumped from $450.00 to $620.00. Timing is everything. ** The DJI ended up closing the day down 430.97 points or down 1.29% Here is how the short term Calls we talked about closed the day and a look at Boeing's one day chart.
Writing blogs about Call option trades on down days in the market is not the norm.

Comments

Popular posts from this blog

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

The Crazy Last Day of Option Trading In Tesla.

I Wonder How The Back Office Is Going To Handle My Complaint