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Caterpillar Up Almost Eight Dollars in The First Hour Of Trading

What's the DJIA doing? How is the chart on Caterpillar? Isn't it true most of us would just stay away and forget thinking about purchasing Puts. Here now are the "near-to-the-money" Puts. Now the further "out-of-the-money" Puts that will only start to reacte with a sell-off of three or four dollars. The volume at this point in time is greater in the "near-to-the-money" Puts however they are both scary from the point of view that there is nothing on the near term horizon to make them change the coarse of their direction they are now on. Early buyers in this morning were hoping for an early morning market reversal. It didn't happen. Now this, about 50 minutes later. The Puts have become more affordable. Caterpillar at 11:35 a.m. keeps inching up. Now a 11:38 a.m. look at the 350 and 345 series of Caterpillar Puts. I like the 345 Puts now in the one dollar range. Here is it's five day cart. I think a Tuesday afternoon dip is possible. Y...

What Do You Do On A Strong Opening?

There is not much you can do because you have missed the boat. Look at these charts this morning.
What an opening. Caterpillar went on to close the day out up $17.20.
A crazy opening. Now look at this. A Costo 640 Put at 9:44 a.m.
Now look at how this Put closed the day.
When you see a stock struggling in a market on fire to the upside it means it could be a play. *** Here is Costco on the opening the following day which is a friday. In these kind of markets you have to take profits when they are there.

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