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Could Boeing Surprise This Week?

It's beaten up. Here is it's five and thirty day charts. Boeing is a company which gets rattled by a barrage of events and gets to bask in the continuous good news of unexpected new orders. The backlogs continue to grow infinitely large. Will Boeing benefit from good news this week? That's the appeal of this series of Calls. Yet before we get cozy and jump into this weeks action let me show you one day of last's weeks trading action. Here is the closing price last Wednesday on it's 220 series of Calls. At that point in time they still had two trading days life left in them. They then ended up on Friday expiring worthless. That's a sobering thought. You can confirm what I am talking about on it's above five day chart. Playing options on this stock is not a walk in the park. Now let us look at this weeks 217.50 and 220 series of Calls starting with the 220 series which are further "out-of-the-money" and more of a gamble. They both offer five days ...

Five Day Options on Tesla. Can Readers Looking At This A Year Later Gain Anything From This?

First a Monday morning August 12th premarket look at Tesla. First a thirty day chart.
Tesla has a lot of moving parts which means that no matter how much you study the dynamics of how it operates you never can predict which way it is going to move next. Here now is a look at this coming Friday's 200 series of Calls and Puts. These numbers show closing Call prices of the closing markets last Friday.
Do they look kind of expensive? It looks like you need a price swing of at least five dollars over the next five days to make any money trading them. What a daunting challenge. Let's move forward. Let's look at the days closing numbers on these two series of Calls.
Notice how the open interest number in the Calls is unchanged. These numbers will only be updated before the following mornings openining. Now the Puts. There are always more Call than Puts outstanding.
Now lets jump into the action on Tuesday morning at 11:49 a.m. . Tesla is jumping up.
Now here it is now at the end of the day.
Now think back to the start of the week when the 200 seres of Calls where trading at $560.00. Day traders, take your money and run.That's what daytrading is all about. It helped that Musk had an interview with Trump which was widely watched. The two seemed to be able to work together. For Tesla that's a good thing. Yes you can sometimes buy Telsa Calls on a Monday morning. To be continued. *** The next day which is Wednesday July 14th. Here is how Tesla in trading in the first 30 minutes of trading. Sitting in Telsa calls for to long is never a good idea.
What's next? Thursday. Look at its chart and the 200 series of Calls we started with. Not every week goes this well.
Now Friday's end of week readings.
Tesla was up $16.12 on the week.

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