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Why Tuesdays Around 11:30 A.M . Are Particularly Unattractive Times To Be Looking At Options That Expire On Friday

So here are nine examples of what the heading is alluding too. Bad times for the most part to be entering into option positions. 1) Tesla. 2) 3) 4) 5) 6) 7) 9) 8) Now the closing reading on these Calls at the end of the trading session. $6.20 is down from $8.03 on Tesla and on First Solar the Calls are $3.10 down from $3.35. Here is what the markets did on the day. So let's continue on. Now Elli Lilly and Caterpillar. Elli Lilly went from $13.40 to $15.65 and Caterpillar went from $3.95 to bid $3.95 and $4.35. Now Biogen. It went from $2.50. down to $1.45. Boeing Calls went from $2.88 to $3.70. In Biogen there were no further option trades on the day with the bid and ask going up towards the closing bell. Walmart couldn't do anything as the effect of this tariff situation is all new. When is food going to cost more? It's Calls went from $.88 dollars to $.75 dollars. Now the last one, Home Depot. $3.80 went to $4.30 So really the markets sold of or went side...
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Caterpillar Is Up And Trump Wins

Today.
It's going to have to prove it's worth that much more. Then Tesla. It came to the party.
Things were not so kind to First Solar.
Then weed stocks all got kicked in the pants.
Drug companies chilled.
Finally charging station companies were pinched.
It's amazing how quickly the markets adapted a new mindset. Between now and Christmas trading on options is going to become the wild west. Look at how these two series of Calls traded today on Caterpillar. The first series are the $400 Calls.
These Calls closed the previous day at $1.09 and closed out today at $17.43. It gets even crazier. These Caterpillar Calls with a $415.00 striking price closed out the previous day at sixteen dollars a contract and today closed out at six hundred and five dollars a contract. That's a gain of 3,681%!!!
What a show! Talk about excess exuberance.

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