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A Jumpy Week For Caterpillar - A Week With Earning Reports

Here is Thursday's trading on the day on Caterpillar. Here is how the $417.50 calls that expire tomorrow closed the day. Something happened this week. Caterpillar had a quarterly earning report come out on Tuesday. It's stock trading action survived this news unscathed. Here is it's five day chart as of the end of Thursday. Maybe the 420.00 or the 422.50 series Calls are better to look at? Here they are. But wait. Deere got clobbered today on the release of a quarterly earning's report. Why didn't Caterpillar sell off in price in sympathy? It shoud have. Deere sold off $34.70. For this reason alone I would be more inclined to purshase the Puts. Here is the series I would consider. To be continued.
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Boeing and it's Randomness

Mondays chart.
There doesn't seem to be much to get excited about. Here are how two series of it's Calls were trading towards the end of the day.
Now let's skip ahead to Tuesday morning and look at it's chart.
It spiked. I talked about it's spikes last week. Here now are the same two series of Calls we just looked at.
Let's skip ahead to 11:29 a.m. The stock is up even more and so are it's Call options.
With Boeing spikes do not last forever. Is it time to consider the Puts? The 230 Put series would be more enticing than the 225 Puts. Here are the 230 Puts. These are the ones closer to being "in-the-money".
Here are the 225 Puts.
Now can you see this little dip and how the 230 Puts increased in price 48 minutes later ?
Boeing spikes are something to consider playing in the type of markets we have had in the last week. *** How did the stock and it's options end up closing the day? I showed you both a Call and Put trade. Here is what happened.
The brief little lunch selloff where the Puts went up in price did not last long. You can see that in the one day chart. Look now at how the 235 Call options which were trading at 11:39 a.m. at $7.30 closed.
Traders making money on two directional swings could have extended their wins by also playing the second half of the day rebound. Wouldn't computer generated trading platforms be very much in on this action? I would think so. Making buying decisions based on five day chart formations involves a bit of luck.

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