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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...
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Caterpillar and Deere Having A Good Week.

First Caterpillar going into Friday August 16th, a five day chart.
Now Deere.
Imagine having options and catching one of these moves? Tesla and Boeing were also on fire this week. There was talk of unemployment numbers not meaning to much and talk of interest rate declines. Get in and get out when the times are good. The markets can change on a dime. I talked this week about Telsa Calls and said to get out prematurely and the same with Boeing Calls. But wait, there will always be more trading opportunities. That plus the markets did nothing on Friday after this monstrous run. There was no point in wasting your time watching your lists of favorite stocks after everything rallied so strongly on Monday to Thursday. Now the five day and one day chart on Deere.
Who would be buying Deere stock on Friday after it had a massive rally the previous day? I don't know. Now look at how these three series of Puts traded on Friday. The only reason I am showing them is to point out how option traders were smart enough to stay away from them. You would think that after such a big rally on the week more option players would have jumped in on the Thursday's close to purchase "near-to-the money" Puts, looking for a five or seven dollar selloff. Apparently not. Yet the stock did sputter on Friday's opening which would have presented an opportunity to squeak out a small but profitable Put trade.
Learning where and when to pick your battles is a big part option trading. ( The S&P500 index gained 3.9% this past week, marking its best week of the year, while the Nasdaq Composite rose 5.3% and the Dow Jones Industrial Average advanced 2.9%.) This was one of the best weeks this year to be playing the upside.

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