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Rivian Is This One Of Those Buy Now And Ask Questions Later Situations?

It's chart this morning. 13.26 % is a large drop on any stock in this price range. Was yesterday's blip upwards warranted? A three dollar share increase in only a matter of three days is somewhat unusual. Options on stocks in the $15.00 - $20.00 range are in general difficult to play especially on stocks like Rivian which burned many of the "early to the party" traders over the last few years. See it's chart. Are we looking now at a good situation? Might the stock rebound a dollar or two? Might the reasons for this mornings drop be negated or outweighed by the positive news of the last few days? Now lets look at two series of it's calls. Notice a low of $.45. Catching a good buy in point all part of the decision making process .Any kind of a rebound would impact the short term Calls more that next weeks out Call options. Next week's Calls would seem to offer better value however traders more in the camp of being "one-day-options" looking for ...
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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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