Featured

Boeing - A One Day Chart That I Now Like / Boeing and Deere

Here is is. Why do I like this chart? It spiked on high volume in the morning and volume came into it on the close. So here is what I did. If you see charts like this you could be also be doing this. On a cautionary note Boeing has hit a rough patch as of late but this trade might be good for a one dollar profit. If it happens take the money and run. If you miss a four dollar move to the upside so what. Here is a fill at 3:37 p.m. on a Tuesday which I could have got for less a few minutes later. I bought one contract for $2.01 or two hundred and one dollars. Here is Boeing's five day chart of torture. What might happen? Could it stumble on the morning trying to get fresh legs? Maybe. Here it is at noon the next day. Here is what I did. I am trying to show first time option traders the sizes of trades they can do. I got out at $2.42 at 11:12 a.m. It's American money. Look at the chart and see how it was trading then. What next? Today is now Wednesday which is a good day fo

The Stock Nio. Do You Know It?

Interesting action this week. The company had an earning report but more importantly was a release of the number of units they have recently produced. They are still as of yet to break even. The day they break even will be a day to rejoice. Once again all investors really care about are production numbers. This has being an exhausting ride for buyers who bought the stock back at $40.00.
It's jump from four dollars to five dollars has being noted. Look first at it's one day chart above and the volume of trading on the five series of Call late into the action on Friday afternoon.
Sometime after 9:58 a.m. when we first looked at these Calls at $.06 cents or six dollars a contract they sold down to $.02 or two dollars a contract and then rebounded back up to a high on the day of $.20 or twenty dollars a contract. Is any this action playable? Well in this case the options jumped up in about a fifteen minute period of time. If you look at the one day chart you can kind of figure out when that was. You would of have being kind of quick to catch both the highs and lows. In two of my past three blogs I focused on the topic of playing five dollar Call options. They are scary. Anyone buying the $4.00 series of Calls on Nio at the start of the week have done very well. Some people don't like the transparency of Chinese companies. I get that however Nio has become a global player in the electric car industry. Once again , options on five dollar stocks can sometimes suprise. **Nio was the most activity traded stock on NYSE this week up $.98.or 24.3%. Nio popped again ion the following Monday, Sept.9th. Options on a five dollar stocks can sometimes be on fire.

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