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Nvidia Option Trading Which Expire Today

Before we look at what the "Call-and-Put" option prices are on Nvidia going into a Monday morning I want to show you it's five day chart as of it's closing on Friday. It doesn't really tell us all that much except that it could pop on the opening to regain all that it has just lost. Now it's thirty day chart. Every couple of weeks it seems to swing by $20.00. Now let's look at the price of the 210 Calls and 210 Puts at the close last Friday that expire today a Monday. How you feel about which way the market is going to open? Catch the action correctly and you could double your money. Now this on Monday morning. Nvidia opened up $.07 cents and kept going up. The chart might look like it was down on the opening however the downward action you see on the chart was in the last ten minutes of Friday's trading. The stock has jumped so we can now focus on options with a higher striking price, the 217.50 series of Calls which are more reasonable in pr...

Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart.
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The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster.
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The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell us? It tells us option traders in general stay away from trading the "release of earning reports" on Caterpillar.
Now the one week out Call options.
Low open interest, a low volume of trading and relatively big pricings considering the these are only slightly "in-the-money" Calls which might take a few seeks to gain value. The bottom line is that this stock really got beat up and going forward it's going to be again upward journey. It helps that they are buying back their own shares. ** Now a look at how Caterpillar traded at the close on Monday April 29th.
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The volume of Calls traded is very light. That's suprising.

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