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Exxon And Tesla One Week Options

Exxon's five day chart is obviously going in one direction. Last Friday was a strong day for the markets and Exxon jumped up even more. Here we are now on a Monday morning and this week's Call and Put options are priced equally. Which one is going to win? As usual, there is more interest in the Calls than in the Puts. Let's also look at what might happen with Tesla this week. Oct 10th is now touted as being a "make or break day" for Tesla as it will be their "Robo-Taxi-Day". I am not a big fan of trying to play Tesla options with one week to go because their premiums are so expensive. As for Exxon, I would be more inclined to follow the direction of it's recent trend. Let's watch and see what happens. To be continued. 1) Obsevation #1 on a Monday morning. Look at this. Early into the morning trading the Puts have dropped down from the $1.80 level. Can you see how tight the "bids" and "asks" are. This helps to make them pl
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Caterpillar Jumps. Where Does That Leave Option Traders?

, Now this.
Now a strange remark "heard-on-the-street".
Now a year-to date Caterpillar chart.
Now here are two snippents of information taken from a Aug 7th blog on Caterpillar. These comments were part of a second quarter earnings report.
Now it's five day chart.
Caterpillar is going up on no news. Will traders consider buying "out-of-the-money" next weeks Calls?
Not many traders want to go this far out however we don't see an upward movement like this happening very often. Now look at how this series of Calls traded the
next day. Now a Thursday closing reading on these same Calls. What do you see?
Talk about action. Will Caterpillar jump again tomorrow?

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