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Home Trades

GROVE STAR TRADERS: BOEING – IS THERE ANY WORSE NEWS THAN THIS?

Webtradetalk News by Webtradetalk News
September 18, 2024
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NOPE.  BUT WAIT THE DAY IS YOUNG

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OPT OF CHOICE:  $170 PUTS, ON THE “SUPER CHEAP”

PREVIOUS CLOSE:  20¢ 

BID 40¢ – 50¢

INITIAL NEWS: 5:45 AM EARLIEST VIA (CNN PRINT)  9:45 AM MAINSTREAM.

PRICE MOVEMENT (9:30 – 10:00) RANGE: 40¢ – 68¢

EZ BUY LOW: 60¢

11:00 UPATE:  +$2.00 (EZ) SELL.  ABSOLUTE HIGH: ($2.20).

+200%POINTER OF NOTE:   

THE SIMPLEST / EASIEST/ MOST BASIC WAY TO INTERPERT THE NEWS OR (REASON) THE BETTER THE TRADE.  “BECAUSE YOU KNOW” WHAT’S GOING TO HAPPEN.  ALL YOU NEED IS THE COURAGE TO PULL THE TRIGGER & GO WITH YOUR GUT.  TIMING IS EVERYTHING, BUT YOU’LL KNOW WHEN.  IT’S ALL ABOUT DESIRE TO OWN “IT” & YOUR DECADES OF EXPERIENCE OF DAY TRADING OPTIOBS.

                        $170 CHART BELOW OPEN THRU 1:15 PM

3 TYPES OF TRADE:  GUESSING, HOPING & KNOWING.  KNOWING IS A MUST.

BACK TO $BA:  “THE TOP TRADE” WERE THE $165 PUTS.  BUYING 15¢ – 20¢ EZ.  SELLING 65¢ EZ.  WORKED FROM OPEN –  9:45 RUN.  TO 70¢

ANOTHER GOOD REASON:  CRAPPY NEWS ON A CRAPPY DAY, PLAYS IN YOUR FAVOR.

                        CHART & STATS BELOW:  END OF DAY

                            ______________________________________________

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