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Tesla And Wondering About One Day Options. Is This A Crazy Topic? You Decide But Hear Me Out First.

Tommorrow is Friday and I don't have time to babysit these options all day. You might find yourself in the same situation? Look at it's one day chart today. Now here is how one of it's Call option series were trading in the afternoon two days ago. Here is how this same series of Calls closed today, a Thursday. One of the things this tells us is that these options dropped in price by one half since 11:00 a.m. this morning. At one point in time they actually dropped down more than that before they started to crawl back up again. So it's a flip a coin situation right? Well not really. My best experieces trading Tesla options are in playing it's last day "at-the-money" or slightly "out-of-the-money" Call options on Friday starting around 1:30 p.m. and getting out around 3:00 p.m. It helps if the stock keeps rising all day like it sometimes does. Trying to outguess this stock on a Thursday evening is a waste of time. Waiting for the stock to go up ...
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Caterpillar On A Monday Morning After A Week Where it Jumped $27.88

What do you think the stock is going to do this week? Here is what it did last friday.
Now here is what it did in the last 30 days.
If you think it might go down on the week here is last Friday's closing price on one series of Puts which are just over five dollars "out-of-the-money".
Can you see they cost $2.96 per contract and only 119 of them are outstanding? Option traders on last Friday's close were not rushing into buy them. But wait, why not buy the Puts closer to the stocks current selling price? Why not buy the 435 series of Puts? Well they cost more. The 435 Puts last Friday closed at $4.93.
The 435 Puts would be more sensitive to any minor dip on the opening however Caterpillar could still easily gain another five dollars on the day. That's why the interest in these Puts is so low. Here is what Wall Street thinks.
So what do I think? I know this stock reserves respect and it's hard to fight any stock in such a strong uptrend. Here however on a Monday morning is a chance to catch a slight pause in this stocks recent upwards projectory. Weekends often provide market resets. The 435 series of Puts could jump 20% or 25% in the first fifteen minutes of market trading making for a quick trade. Let's see what happens. ** It's 10:00 a.m. and no such luck. The DJIA is down and Caterpillar sits very much unchanged.
Now a look ten minutes later. Look at how the stock has dropped. Finally the Puts are starting to go up and the volume is increasing in them.
Now here we are another ten minutes later.
Here it now at 23 minutes later.
Now here is a look at it's five day chart. What do you think about this type of chart?
Here is how Caterpillar the two series of Puts we are watching closed the day.closed the day.
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There is news on Caterpillar.

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