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Nvidia And Last Day Friday Afternoon Option Trading

First, the five day chart on Nvidia. Look at the volumes of option trading in these Calls and Puts at noon on Friday. These options expire today. Now here is how the DJIA is doing at 12:01 p.m. Look at the huge number of Call options traded this morning. With markets up and the DJIA down what would logic tell us to do? Buy the Puts. Look at these two Put printouts on Puts that expire today. Look at how cheap the "out-of-the-money" Puts are. Experienced option traders know that the risks in buying these is high, to high to take serious. What's more inticing are the "in-the-money" Puts. In this case they are the 167.50 Puts. Let's now look at it's current one day chart at 12:15 p.m. Had you looked at the 167.50 Puts around 10:40 a.m. they were half the price they are now. Sure it's all somewhat of a guessing game however I want to point out than with one day options the timing of inflection points, meaning stocks making reversals on the day usual...
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Earning Season News.Two Powerful Earning Releases On The Same Day

Option traders wait for days like this. Earning reports can cause stocks to spike. Let's look at Boeing and General Dynamics Corp.. First Boeing. Here is it's news.
The company can't build planes fast enough. The stock surged on the opening only to have opportunistic traders take some of the wind out of their sails. There was a lot of details to absorb in a short period of time causing the stock to quiver. Sometimes Boeing can jump 15 dollars on good earning reports. Now look at this one day chart.
The lesson here is to take profits on the opening. Period. Things re not totally smooth sailing with Boeing. Taking profits and buying back in on the morning dip and selling out into the ensuing rally would really require luck. Next General Dynamics Corp.. Guess what? We are living in world of serious wars. Business has to be good for this company.
The details of how they are doing is not that important. Wars are good for General Dynamics and with the markets taking a grubbing as of late, good earning reports can cause a stock to shine. P.S. Stay away this quarter from playing the earning reports on stocks in the automotive industry. There is too much negativity in the air right now.

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