CAT Puts

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...

Walmart last week was up $3.66. Boeing in contrast was up $16.05 and it's Calls were smoking hot. I blogged about Walmarts Calls being a great trading vehicle last week. This week not so much so. At the start of the trading week unlike the end ofa trading week these Call options have some intrinsic time value built into their pricings. Premiums on options with four or five trading days can be relatively expensive and premiums in theory lose about 20% of their value daily as we move closer two the Friday at 3:30 p.m. deadline. Let me show you how the stock traded today. Now let me show you how the stock traded over the last five trading sessions. Here now is how the DJIA closed out the day. Now look at how these two series of Call options traded on the day. ; In my previous blog I talked about Walmart Call options with two days to go. These Call options have four days to go. Now Tuesday morning. The DJIA was down and so was Walmart. In fact, the 100 Calls were down by 50%. Bu...

Here are it's earning details.The company is still losing money but a lot less of it. The stock did well last week on that news. Well actually not really. It sold off in price but they it took a couple of days to sort out the fact that losing less money than it previously did was actually a good thing. The Trumph thing with China has also put a scare on things until the narrative got sorted out that Boeing still has the rest of the world to keep selling their planes to. Here is it's five day chart. It moved up nicely on Thursday and Friday and ended up closing out up $16.05 on the week. What do charts like this do after they crest upwards and go sideways for a day? They sometimes keep moving up. Here is Monday's closing prices on two series of Calls that expire this Friday. Both might benefit from a pop tomorrow. The the 192.50 Calls look like an impossible dream. Some traders pride themselves in trading in these types of astronomically "out-of-the-money" posit...

There are stocks I like think will go up with time and stocks I think are vulnerable to the downside. On one page of my screensaver (I have nine pages of names I feel comfortable watching) I watch Rivian, Vinfast, Lucid, General Motors,Tesla, Stellantis, Nio, Xpen and Carvana and on another page Boeing (I like Monday morning pops on Boeing but the tariff issue with China might be bad news for them) Exxon-Mobil, Caterpillar, Deere, Ford, Walt Disney, Uber Technologies, Walmart and Costo. One page I have which is somewhat disjointed can be found the names First Solar, Livewire (what a mess they are in) Uniqure, Joby Aviations, Quantiumcape, Roku, Interactice Brokers, Snowflake and Pony. Look at the Pony 30 day chart. With so much to watch how can anyone hone in on one and two day options? A better question is why not focus on one and two day options, more specifically Thursdays and Fridays when you can get the most kick for your money. Boeing, Tesla and Caterpillar will always be doing...

What's going to happen? ::: :::::: Now it's one day chart at 12:16 p.m.. Now it's five day chart. It's in an uptread. Now how did the Calls and Puts close the day? First the Calls. .... They crashed in the end of the day as the stock dropped from 97:89 to 97:39 in the last eleven minutes of trading. Now the Puts. They jumped in the last eleven minutes of trading. ............ Now this. An afterhour readout. The Puts might pop on the opening. Maybe not. Here is the 7:43 a.m. premarkets. Now Friday at 1:02 p.m.. :::::::: It helps to have a day when the DJIA goes up over 500 points on the day. These are good markets to play the swings.