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Caterpillar Up Almost Eight Dollars in The First Hour Of Trading

What's the DJIA doing?
How is the chart on Caterpillar?
Isn't it true most of us would just stay away and forget thinking about purchasing Puts. Here now are the "near-to-the-money" Puts.
Now the further "out-of-the-money" Puts that will only start to reacte with a sell-off of three or four dollars.
The volume at this point in time is greater in the "near-to-the-money" Puts however they are both scary from the point of view that there is nothing on the near term horizon to make them change the coarse of their direction they are now on. Early buyers in this morning were hoping for an early morning market reversal. It didn't happen. Now this, about 50 minutes later.
The Puts have become more affordable. Caterpillar at 11:35 a.m. keeps inching up.
Now a 11:38 a.m. look at the 350 and 345 series of Caterpillar Puts. I like the 345 Puts now in the One Dollar range.
Here is it's five day cart.
I think a Tuesday afternoon dip is possible. Yesterday was a 1,000 point to the upside day in the D.J.A.I. and the markets will soon have to pause for a rest. A rest or a dip. But what do I know? To be continued. Now a 12 noon update. I like the 350 Puts at this price/time better.
Now this, an end of the day close.
The markets got nervous towards the end of the day and we will now have to see what Wednesday brings. Being caught holding a position on the downside after a scorching hot Monday is not a bad space to be in. To be continued.

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