Caterpillar And Deere Calls And Puts Have Become Octopuses
Traders are now afraid to trade them and rightly so. Look at how low the open interest in the Calls and Puts are going into todays trading session. It's the same thing for Deere. Open interest numbers of 52 and 72. Now this. A look at the Deere options. ....... Open interest numbers of only 71 in the Call options and only 20 in the Puts. Now their five day charts. Note the $20.00 drop in Deere in one day. With all this information we can now move forward. Look at how the Call options traded on these two stocks on Wednesday morning. After looking at them a few comments can be made. ... These initial gains of 46% and 21% are somewhat impressive. As the morning progressed the gains only got larger. Let's now look at the Caterpillar Call options at 12:49 p.m. The stock is up $9.68 and the Call option we are following are now up over 80%. ........... While this gain is somewhat impressive these numbers have to be weighted by other concerns. Let me list three concerns. 1) ...








