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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...
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Caterpillar Calls On the Last Trading Day Before Easter.

My most recent blog on Lucid was spot on. In this market with 400 point daily rallies playing Call options on stocks in the thirty dollar price range is the name of the game. I would however be remiss if I didn't point out the action in Caterpillar yesterday. Look at it's five day chart and look at how the Call options reacted. What a nice breakout.
I am not going to bore you with all the details however this is how one series of Caterpillar Calls traded on the day. Look at the low of.06 and look at the high $4.00. I have followed stock options for over forty years. This type of action on Caterpillar on a Friday might happen once every five years. Going back two or three years ago when Telsa was enjoying a growth spurt, Friday Call option trading on that stock made many option traders rich. Bear market option trades, something not really currently on our radar can also be super rewarding. People forget that stocks like Deere and Company can also sometimes drop thirty dollars in one day. Happy Easter.

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