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Bad News On Caterpillar Going Into a Friday.

Here is how the stock traded on a Thursday.There was nothing unusual about the day. I am suprised they would dump this news on the market going into a Friday trading session. It messes up option traders. Doing this type of an announcement on a Tuesday prior to the markets opening would be a less disruptive day to do this. Here is the news. In a way this wasn't totally unexpected news. As they said, there were several other recent updates on this issue. Auto companies in their recent quarterly reports were harping on this issue. Look at how it dropped in price in the after market trading. Now here is how one series of Puts closed the day. Look at how this news totally caught the markets by suprise. The secrecy of this news is a credit to Caterpillar. If Caterpillar had this news are Deere Call holders going to get worried? Here is what happened on Friday morning. Now Deere which is now also trying to shake off this bad news. These two stocks tend to trade in similiar ways. He...
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Three Interesting Stocks To Watch Going Into A Wednesday Morning

Wednesdays are interesting days for option players trying to anticipate what going to happen before the end of the week. It's sometimes the best day in the week for market reversals.Trading opportunites are open to discovery. Here are the five day trading charts on three interesting companies.
Musk was in Bella Bella on B.C's Central Coast last Saturday visiting. Telsa has dropped from $348.00 to $329.00 in five days and one has to wonder if there is any support at it's current levels. It just dropped another ten dollars on the opening. Here perhaps is the reason why. It's not much of a reason.
Then there is Eli Lilly.
$660.00 to $710.00 in five days. The problem with trying to play options on this stock is that they are super expensive and the case to be made for buying Calls on this stock was last weeks news. Next there is First Solar.
It has jumped smartly on subsidy and tax law news about how the industry in it's entirety is going to be treated. It's that kind of news which tends to drive this stock. Playing it is always are real gamble. From a stock chart trading perspective the stock is vulnerable to a sell off. So Calls on Tesla ( it is now down once again over $10.00 on the opening) and Puts on First Solar are things to watch.
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Here is the markets current score card.
Whatever the outcome you can share along in this ride for free. Free is always good. Option trading for everyone is an endless learning experience. Here now is how these two series of options, one a Put and one a Call closed the day.
Let's see what happens next. A Friday morning, last day of options update.
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Both the Tesla Calls and the First Solar Puts more than doubled with the Frst Solar Puts more than tripling at one point!

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