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Insane One Day Action on Caterpillar And Deere In One Day

First Caterpillar. I can't make this kind if stuff up. .......... Only 136 contracts in this one seies traded today.That's nothing. I have being commenting on these low numbers in recent periods of time. We hear the terminology "buy-on-the-dips". I didn't see that happening today. Deere the same thing however it's Call action was less inspiring.. Very few Deere Calls traded. Here is how the DJIA traded on the day. Now their thirty day charts. First Caterpillar. Now Deere. Look at Caterpillars one day chart yesterday. One series of options traded down to $4.00 to only then rebound to $23.00. That was the play of the week. Once again, Wednesdays like I have said fifty times before are the best days on the week to look for reverals on "one-week-to-expiring options". At this point in time I would skip playing the Thursday last "two-days-to-expiring options" on these two stocks and check back into the action on Friday to only look at Te...
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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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