Jump to content



Photo

A Boeing Trade better than bitcoin


  • Please log in to reply
3 replies to this topic

#1 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,381 posts

Posted 05 January 2018 - 02:18 PM

Fun days and possibilities in the big Bull.

 

From the link:

 

 

At last look a few minutes ago a $10K buy in the 300 call is now worth $106K, up 1000% and change on a 2.6% move in the stock itself.

 

It would take some real focus to find this trade, and real discipline to take this trade, but it is one of those possibilities that are always there, and sometimes one could just gets lucky.

 

For the setup and the chart:

 

BA - A BOEING TRADE BETTER THAN BITCOIN


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx.

I spent half my money on gambling, alcohol and wild women. The other half I wasted, W.C. Fields.

#2 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,740 posts

Posted 05 January 2018 - 02:24 PM

Fun days and possibilities in the big Bull.

 

From the link:

 

 

At last look a few minutes ago a $10K buy in the 300 call is now worth $106K, up 1000% and change on a 2.6% move in the stock itself.

 

It would take some real focus to find this trade, and real discipline to take this trade, but it is one of those possibilities that are always there, and sometimes one could just gets lucky.

 

For the setup and the chart:

 

BA - A BOEING TRADE BETTER THAN BITCOIN

 

Yep...everything is relative to one's experience...including the media's.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#3 Data

Data

    Member

  • Traders-Talk User
  • 2,393 posts

Posted 05 January 2018 - 05:14 PM

Bitcoin +10.65% vs Boeing +4.10%



#4 diogenes227

diogenes227

    Member

  • TT Patron+
  • 4,381 posts

Posted 06 January 2018 - 06:08 PM

Bitcoin +10.65% vs Boeing +4.10%

 

My blog entry was a comment on the crazy wonderful possibilities in the BA options on a weekly expiration Friday, not on Boeing itself,  Although the likelihood of anyone actually executing that trade might be just barely better than winning the lottery - just barely better - that day in a Dow stock no less, using its in the money options and getting extremely lucky, was likely better than trading bitcoin for the rest of bitcoin's history.

 

As you say Bitcoin went up 10.65% while Boeing went up 4.10%, but the BA in-the-money 300 weekly call by the end of the day went up 18 hundred percent - $184,000 on a $10,000 buy in.  Crazy wonderful, indeed!

 

And of course, I'm a dummy..  At the time I posted this the trade was up just north of 1000% (the white vertical line on the chart below), a $10K buy at that point (which I did not do) would have been worth another 59%, $5900 or so on the $10K.  sick.gif

 

Like I at the said to start this thread: "Fun times and possibilities in the big Bull." 

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx.

I spent half my money on gambling, alcohol and wild women. The other half I wasted, W.C. Fields.