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Deere and Caterpillar End of the Week Profit Taking

Thirty five minutes into the trading action and here is what is happening. The 400 series of Puts on it are up 367%. The 405 puts are up 920%. They closed the previous day at .51 cents. Volumes of trading are light. Traders are not taught to trade in one day options and for all the hype about Ai trading no inroads have being made in this regard which is something I find strange. What value has Trump added to these two stocks this week? None really. So why such extreme forward looking thinkings? It's 10:28 a.m. so we are still in the first hour of trading. These options expire at 3:30 p.m. so there is still four hours of trading life in them and the Djia is up 239 points. Is it now time to catch a rebound? Maybe. Well maybe only to those traders who caught the selloff and profited this morning. Yet then again one would be fighting thinnly traded Calls and Puts both on the buy side and on the sell side. In other words you would have to buy something a little bit closer to the as

Last Day Options Can Suprise. First Solar

Look at this chart (July 28th ). It's the early morning action on First Solar after an earning report.
Now look at this chart. It's a five day chart of the same thing.
The earnings were good but the stock spiked up and came down again. What was the news to cause it to drop? I looked around and couldn't find anything and the D.J.I. was have a good day. What to do? One day Call options are so dangerous and I was completely out of the loop as to why the stock was trading this way. Why the downward pressure? Here is what I did.
In and out in less that ten minutes for a $90.00 gain. Had I waited until noon and sold out then I would have lost over half my money. Now here is how it closed out the day.
Now a look at it's one day chart.
Why am I showing this? Well look at where the stock was trading at noon. The rules say that if your trading a last day option you have until 3:00 p.m. to get out and not 4:p.m.when the market closes. Who wants to fork out money to try and catch a three hour ride when most traders are off to the beach? Now look at this. This series of Calls closed at $8.10.
Sure it's easy to make calls like this but there was no talk of why the stock sold off after it popped on the opening.I got out at 10:45 a.m. and at noon it was trading lower. It was at that time a stock without direction and one to dangerous to buy back into if your time horizon was only three hours. This entire experience was strange. *** The low of the day in this series of Calls happened at 12:02 p.m. That coincides with when many short term option players call it a day after trading all week.
** Joe Biden was busy all week touting solar and wind power.

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