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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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The Concept Of Playing Caterpillar Calls From An Oversold Situation

There is a danger in playing oversold situations. How do you truly know it's oversold? Well last week there was a total blowout in the markets as it kept dropping everyday. Each day last week was a blur to the downside. What are weekends all about? They are a reprieve in situations like this from all of this negative energy. Thing's can't go down forever. Here is Caterpillar's most recent chart.
So this morning, with fresh minds coming to the screens an uptick could be in sight. I would think so, I watched this mornings action. Look at these printouts. I was tracking one of the series of Caterpillar's Calls. It was lonely experience. Few people were watching this action, or lack of action. There were no trades in this series of Calls in the first few minutes and the speads were far apart. Where was the rebound? Look at this..
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Wow. Only 2 contracts traded 9 minutes after the opening bell and 31 contracts traded in the 225 Calls an hour into the trading session. No one saw an uptick coming but it did. Let's move on. Here is how these options closed the day.Trading options on series like this (a big name stock after a weekend reprieve from the slaughter and no real volume on the Calls) is a good strategy.
No volume, to me that's a good thing. Tomorrow should be a good day. ( the Yahoo chart cut out at 2:00p.m.)
****** A next morning March 14th update. These options are up.
At 10:45 a.m. look at how light the volume of trading is. Look at a morning jump to over $6.00 per contract. Amazingly next to nothing in the way of Call options traded on it. Yet it's Caterpillar which has a huge following. I find that all so strange. But then again option traders are afraid to play options on this stock because it's not like playing Tesla or Boeing which both have more knee jerking reactions to ongoing news. That's the way I see it.

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