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Caterpillar Drops $60.00 In Five Days - Noon On A Wednesday

In past blogs I have mentioned how light the volume of trading is in Caterpillar options. Trading them is a challenge. Deere options are also like this. Caterpillar can and does (in recent times) swing $10.00 on any given day. It is noon on a Wednesday and this the one day of the week where you can look for reversals on "one-week" options expiring on Friday. I have talked about this many times before. Here are it's five and one day charts. Now a look at two of it's Call option series. The 560 series actually offer excellent value given how large it's morning drop was. Who cares to check the news on it? When it drops this much this quickly the bad news, if any, is already baked into the equastion. Now the second series of Call options I am showing you are $44.00 "out-of-the-money" and expire in 2.5 days. "Out-of-the-money" Calls to this extreme are a speciailty item. In layman's terms they are a longshots. They can be excellent trading veh...

Pfizer - Might It Jump? Plus An Update On September 23 .

Pfizer is somewhat range bound. In my blog yesterday I gave the example of how options it's short term options doubled in price on the opening. That event was a rarity and I referred to these options as being "suicide" options. It's options are super sensitive to any small changes in the stock's price. Here is Pfizer's "year-to-date" chart.
It gets worse than that. Did you know that the Pfizer stock is down over 50% in the last three years? It doesn't help much to have Robert F. Kennedy Jr. on the scene. In spite of these circumstances here is a statement one of their companies spokespersons was recently brave enough to say.
Now look at this chart. Do you ever think it's going to break above the twenty six dollar price level by January 16th 2026? This Call last traded at $.56 or fifty six dollars.
Maybe a one year chart would be better to look at than a "year-to-date" chart.
Should we listening to what that Pfizer spokesperon is saying? It was afterall only about a month ago when this stock was trading at $26.00. If that was to happen again the next thirty days this January series of Call options we are looking at would double. ** To my readers. I do not endorse this posssible trade. This stock has underpreformed the markets for years. It's not like buying options on Boeing, Tesla, Costco or Caterpillar which are more prone to delight. For lack of a better word Pfizer has being a real dog of a stock for years. Pfizer might still be at $23.90 four months down the road. ** A September 23th update. Here is Pfizer's now current five day chart.
Do you see more spikes? ***** A Sept. 30Th update.

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