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One Week Options. Are They A Good Bet In Times like This?

Look at how these these four stocks traded last week. 1) What a great week for one week Call option players on Boeing even though the stock ended up down .83 cents on the week. 2) Roku. Roku hasn't yet recovered from a not so good quarterly report. Roku lost $1.13 on the week. (Netflix in somewhat the same space was up $35.780.) 3) Disney suprised. I talked about that in a recent blog. 4) Now Caterpillar. It was up $12.83 Now The D.J.I. was down .11% or basically flat. In good times Call options can be your best friend. To be continued.

Caterpillar - A Mid Week Reversal

Wednesdays are one one day of the week that reversals might happen and Caterpillar jumped on the opening today. Sometimes I talk about the importance of mid week reversals.
Now watch how the 260 Puts traded which expire at the end of the week.
In at 9:50 a.m. and out at  the end of the day. The 255 Puts would also work with the same timing.
Now the question. Why did more Puts trade than Calls? The answer could be that good traders know to watch for this kind of mid week chart formation.

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