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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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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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