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Tesla and Deere Going into a Thursday Morning.

Are you able to remember my blog last Friday talking about Tesla dropping $19.00 in one day and it's Puts jumping up a zillion dolllars? Here are the closing numbers on Tesla and Deere today, Wednesday September 11th. They are difficult to read but Tesla closed at $228.13 and Deere at $388.59 Now look at the sightly "out-of-the-money" Calls on both of these two stocks which expire at the end of the week. Now the Deere Calls. .................. Now look at their one day charts. Remember I have repeatedly said that Wednesdays ( in the context of trading one week options) are the best days of the week for turnarounds situations. Look at the one day charts and look at the gains on the day that both of these option series had. They both took off on the upside after a morning dip. I will continue to track the movement of these two series of Calls over the next two days but the context of this blog is a blog in itself. Wednesday once again can be turn around days. Happy tr
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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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