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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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The Power Of "Out-Of-The-Money" Boeing Calls On A Monday Morning.

Boeing on the opening.
So did the DJIA.
Now two series of Boeing calls on the opening. 1)
2)
This doesn't happen like this very often. Now the DJIA at 10:45 a.m.
Boeing was in a freefall in the first hour of trading and the 247.50 calls slipped down to $20.00 per contract. Shortly thereafter they were back up to.$2.61 per contract, more than a tenfold increase. Boeing did get a lot of new contracts last week. Boeing is a stock some option players buy into with one week options at 3:39:55 pm. on Friday afternoons. Now this, a near end of day update on Boeing. It has continued to hold it's gain. Here is it's one day chart as of 3:33 p.m.
Now a look at the 237.50 Calls.
It's path for the Calls for the remainer of the week is not as exciting as this morning's move.

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