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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 ...
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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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