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Pfizer - Might It Jump?

Pfizer is somewhat range bound. In my blog yesterday I gave the example of how options it's short term options doubled in price on the opening. That event was a rarity and I referred to these options as being "suicide" options. It's options are super sensitive to any small changes in the stock's price. Here is Pfizer's "year-to-date" chart. It gets worse than that. Did you know that the Pfizer stock is down over 50% in the last three years? It doesn't help much to have Robert F. Kennedy Jr. on the scene. In spite of these circumstances here is a statement one of their companies spokespersons was recently brave enough to say. Now look at this chart. Do you ever think it's going to break above the twenty six dollar price level by January 16th 2026? This Call last traded at $.56 or fifty six dollars. Maybe a one year chart would be better to look at than a "year-to-date" chart. Should we listening to what that Pfizer spokesperon is...

Caterpillar - It's First Quarter Earnings Report

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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