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"Late To The Party "Option Players And "Disney" On Good News

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. That's why the heading is called "Late to the Party Option Players". It's using options as a trading vehicle to reacte to a situation as opposed to anticipating a situation to happen. 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 ...
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Caterpillar Earnings Happened Two Days Ago and Now a Bounce Both Down And Up On The Opening Two Days Later.

Look at this Caterpillar chart on a Thursday morning and what what the calls are now doing.
The first printout shows Caterpillar up .67 cents 29 minutes into the trading session after first dropping on the opening and the 182.50 Call option pricings at that time. Notice how low the Call options traded down to. The 182.50 Calls dropped down to a low of $1.16. People sometimes ask me what option trading is all about. This is one very good example of how someone could have caught a swing. In option trading the action never stops. Here now is that same option series about 30 minutes later and a new chart of how the stock was then trading.
Now here is how Caterpillar and these Call options closed out the day.
Now a few of the earning details.
All of this happened two days ago and the stock dropped over ten dollars on this news.This morning swing was somewhat predictable.

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