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Boeing "Near-To-The-Money" Options Baffles Me On A Friday Morning.

After a four day period of intense price changes for the stock Boeing on Friday morning presents itself as trading in a sea of calm. It's trading flat. Here is it's daily price swings over the previous four days. $5.50, $4:10, $6.00 and $5.40. One has to wonder whether or not these large daily price movements are somehow formulated into providing the Friday morning's "bids and ask". They should be. The reason I mention this is that the Friday morning's "bids and ask" in the first few hours of trading look particularly inexpensive to me. Is it because there are no scheduled press happening today? .. Now a 12:33 p.m. price check. With stock trading flat and with a couple of hours of trading life still left in these options, couldn't the stock drop down or go up another three or four dollars? That's what seems to have happened over the week. .......... Now this at the end of the trading session. At 3:00 p.m., the time these options expired ...
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Young People And Options

Let me spill out some information. Next-Generation Investors Are Different. An organization called "Finra" published this information. In a 2021 survey the Finra Investor Education Foundation found that 36% of respondents aged 18 t0 34 said they have traded options. That compares with 21% of respondents ages 35 to 54 and just 8% of respondents age 55 and older. Then there are crypto investors. According to something called a Pew Research survey based on Feb 2024 data, 42% of men aged 18-29 have invested in, traded, or used cryptocurrency compared with 17% of women in the same age range. Interestly, just 17% of all adults say they have invested in, traded, or used a cryptocurrency, according to the same 2024 survey. When it comes to buying on margin,in 2021, just under of a quarter, or 23%, of investors ages 18 to 34 said they have made purcheses on margin, compared with 12% of respondents aged 34 to 54 and 3% of respondents age 55 and older. Opening accounts is now easier and there's an explosion of new sources of information and social networks that can encourage risky behaviors. Let's not forget the recent frenzy of meme stock trading. Robinhood knows all this and works in this space.
Look at how it's stock has traded in the last one year.
My point is that young people are experimenting with option trading and the trend is only going to continue. Pick twenty or thirty stocks and just watch them for a few months. Write down turning points you see happening and check out how much at that point in time a Call or a Put costs on any series you pick. Then check back later to see if you were correct in making such a call. Option trading, unfortunately is very much a self taught process.

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