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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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What Do You Do When You See Charts Like This?

First Tesla.
Caterpillar.
Look at how the markets closed today, a Friday. The D.J.I.A. was up 867 points. Thanks Mr. Powell.
By Monday there will be a new interpretation of everything Powell said. Look at how few Put contracts there are on these two stocks. Is there any logic to the markets? Yes. Look at how both Walmart and Costco sold off today on such a strong day. Everything Trump is doing is still a worry, especially to shareholders in these two companies.
Let's watch these two series of Puts on Monday. What an ending to the week!

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