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Caterpillar Puts On A Friday Morning

I am getting some flack from people saying I should have called this site CatCalls and not CatPuts. Oh well, I saved money by going with name Catputs. Now this. Caterpillar closed at $647.18 on Thursday and jumped to $655.54 at 9:47 a.m. on Friday morning. Then it dropped to 641.44, the low of the day at 10:43 a.m. which was 56 minutes later. That's a massive price swing. Looking for price swings on one day options are not normal trades to be thinking about. I get that Look at how this one series of Puts reacted. Option trader as I have often mentioned are afraid to play options on Caterpillar as it defies logic and continues to go up in price. It has an earnings report coming out at 8:30 a.m. on Thursday January 29th. Try and listen to their conference call. Profits may not be as rich as some people are expecting. Input costs have risen. Now let's look at the 650.00 Puts to see how they traded on the day. So few traders attempt to trade in them. Look at the super low open i...
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Netflix. Options On Stocks Trading over $1,200.00. Fighting Strong Stocks

Let's start with this on a Monday opening.
Now it's thirty day chart.
The DJIA was up over 700 points on Friday and Netflix didn't share in that rally on that day. This morning it jumped up at the same time the DJIA was down slightly an hour into the trading session.
Now the price of these Puts which expire this Friday. Today is a Monday and it's 11:25 a.m. and Netflix is way up. They are affordable given they match the price that the stock is currently trading at.
I wouldn't play Netflix options towards the end of the week (like Wednesday to Friday) because you will get smoked if you pick the wrong direction, however on Monday after a pop in a slightly down market it is a call to action. Netfix was playing catch up to the rest of the markets on the opening and suddenly it was evident the stock was moving in the wrong direction. Now shown below is it's closing price with the stock down over nine dollars from where it's price was back at 11:25 a.m..
Now it's closing one day chart.
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Why Netflix didn't bounce upwards on last Friday's rally is something that I don't know. Today the DJIA was down over 300 points. *** Playing the upside on Tuesday created the same kind of opportunity.
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