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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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Tesla And Wondering About One Day Options. Is This A Crazy Topic? You Decide But Hear Me Out First.

Tommorrow is Friday and I don't have time to babysit these options all day. You might find yourself in the same situation? Look at it's one day chart today.
Now here is how one of it's Call option series were trading in the afternoon two days ago.
Here is how this same series of Calls closed today, a Thursday.
One of the things this tells us is that these options dropped in price by one half since 11:00 a.m. this morning. At one point in time they actually dropped down more than that before they started to crawl back up again. So it's a flip a coin situation right? Well not really. My best experieces trading Tesla options are in playing it's last day "at-the-money" or slightly "out-of-the-money" Call options on Friday starting around 1:30 p.m. and getting out around 3:00 p.m. It helps if the stock keeps rising all day like it sometimes does. Trying to outguess this stock on a Thursday evening is a waste of time. Waiting for the stock to go up or down two or three dollars shortly after a Friday morning opening and catching a reversal is a strategy worth testing. Or getting in around 10:00 a.m. on it's Puts if the stock is up. If this a game to rich to play I understand. Yet if your coming off a string of wins I would suggest you learn to develop a nack for these ones. So once again I am not going to watch Tesla trade tomorrow. Come back to this blog on the weekend and see what happened. Wouldn't it be nice if Tesla was to suddenly become one of your best trading partners? So what happened on Friday? Tesla opened down came back up and closed higher.
Here is how it's "at-the-money-Calls" where trading thirteen minutes into the market opening.
Now here are some "out-of-the-money" Calls three minutes later with the stock rebounding a touch. These Calls are over seven dollars "out-of-the-money".
So what ened up happening to our two series of Calls. Remember one series was trading at $4.60 and the second series at $1.51. Here are the answers. First Tesla's one day chart.
Can you see how quickly it jumped out of the red on Friday morning?
Now the 435 series of Calls.
More blogs on one day Call option trading are needed. Today the strategy was to buy on the opening dip. Also the 1:30 p.m. to 3:00 p.m. ride I talked about was a good thing. Here is how the indexes closed out the day.
Tesla Calls can suprise. *** Info on how it traded recently.
*** Here is the difference between the high and low on Telsa on the last three Fridays. $30.19, $31.68 and $17.86.

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