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Boeing. Sneaking Through Chaos Unscathed.

Let's start with this chart. The chart is clean looking. It's still above it's opening low. When this stock decides to move it does so quickly. Now this thirty minutes later.. Now here is now this series of Calls closed the day.. ...... Here is how they closd the day. Here now is it's current five day chart. THis was a mid week trade with no concerns about the time value working against you.

When Caterpillar Goes Up Most Of The Day On A Tuesday. Can You Play The Downside?

It seems like a stupid question. Yet if you watch the stock climb all day it is something you might be asking yourself.
First you check out what the markets are doing at that point in time.
You could then check out what the markets were doing back in the morning.
Then maybe check out it's five day chart.
What about news? Here is all I could find.
So what are the Puts doing? Here is one series "out-of-the-money".
Caterpillar is still going slightly up. Is one of those let's pick a top moments? But here is the problem. If there was to be some profit taking before the close it wouldn't be enough to help the "out-of-the money Puts". Buying the "at-money" Puts would be to expensive if there was only a slight dip. The issue that concerns me is that institutional buyers are not afraid the buy into charging markets, even in the aftermarkets. All you can really do is pass in the situation and do nothing. ** The real action was on the 520 series of Calls which opened at $1.70 and went as high as $15.10. There was a slight dip on the closing.
The 520 Puts which were $4.20 at 2:40 p.m. ended up closing at $3.45. I wouldn't want to be holding them overnight.
Fighting strong stocks is a difficult game.

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