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A Jumpy Week For Caterpillar - A Week With Earning Reports

Here is Thursday's trading on the day on Caterpillar. Here is how the $417.50 calls that expire tomorrow closed the day. Something happened this week. Caterpillar had a quarterly earning report come out on Tuesday. It's stock trading action survived this news unscathed. Here is it's five day chart as of the end of Thursday. Maybe the 420.00 or the 422.50 series Calls are better to look at? Here they are. But wait. Deere got clobbered today on the release of a quarterly earning's report. Why didn't Caterpillar sell off in price in sympathy? It shoud have. Deere sold off $34.70. For this reason alone I would be more inclined to purshase the Puts. Here is the series I would consider. To be continued.
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Capitalizing On Monday Morning Exuberance - Roku

I have spoken about Roku in past blogs( April 29th, March 27th, Feb. 17th). I like playing sideways moving stocks. Here is an entry point I made at 1:52 p.m. last Friday. I purchased two Roku May 24th 58 series of Calls at $129.00 each. The stock was going sideways all week and then dipped a touch on Friday. Would new life come into the stock?
Monday morning saw excess exuberance so I got out of my Roku position without waiting to make more.
Here is what the chart looked like.
I like selling into strenght like this. At 10:05 a.m. I got out at $2.97. Remember I got in at $1.29? Here is it's one day chart.
Not a bad time to sell out with Roku at 10:10 a.m.being the high of the day. I did try to play it down after I sold out however I was off a few cents in my entry point of my Puts purchase and then I didn't want to chase it. At the same time another stock was peaking and attracting my attentions. Carmax. It's not a stock I follow but I just happened to see it spiking. Other companies in the same space where also up. Would it be a short term bubble? Look at it's early morning chart. Here is what I did and how I made out.
I got "in-and-out" of two little Puts in just under an hour. Here is how the stock traded on the day.
There wasn't much there to be made.
In the past most of my experiece with Monday morning exuberance is in Boeing. With the markets as of late being so strong, multiple opportunties now exist.

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