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Caterpillar, Deere And Tesla. These Are Scary Times To Be Trading Options On These Stocks.

We are witnessing huge intraday price movements on stocks like Caterpillar, Deere and to a lesser degree Tesla in the last two weeks. Tesla sales are off in Europe as BYD continues to drop off boatloads of new vehicles into countries never before receptive to their offerings. Tesla now has competition. Caterpillar and Deere now have to worry about tariffs. "Market rotations" are now the new theme as investors worry about where to park their money. Caterpillars and Deeres recent meteorological rises are under attact. Silver stocks continue to rise and Bitcoin holders are not sleeping well at night. The price of gold has gone up and is not showing signs of coming off. People are now wondering if they should be lightning up on the weight of their jewerly boxes. Investors holding baskets of stocks now wonder why. Might they wake up one morning to find everything down 20%. Eight hundred point market drops in one day are now shrugged off as being nothing to worry about and they he...
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Exxon On Tuesday Morning And Then Wednesday Morning

It's down. The 117 Puts are up over 40 %.
Only one Put sold on the 117 series of Puts in the first three minutes of trading.
Now look at the Calls. This time we are lowering the striking price by $2.00 to get closer to the "in-the-money" options. Will these Calls rebound?
Slightly later.
Let's jump ahead to see how they closed the day.
I am not a big fan of holding onto short term options overnight on "last-week-to- expiring" options however these ones are still 1.5 weeks out. That's still not much comfort. My excitement of my previous blog yesterday talking about four trading opportunities to trade in these options in one day has now lost some of it's shine. The one assurance with trading these options is that oil is an international commodity and the outcomes of how it is going to trade are outside of the control of the market makers and the stock Exxon. Option trading on Exxon is not always a walk in the park. Let's see what happens. Wednesday morning at 10:a.m...
The pain was worth the gain. Now the end of the same day readings.
The DJIA was up over 400 points. Here is how these Calls closed the day.
. This kind of stock pattern is sometimes called a saucer formation. While simple in design, they sometimes take you by suprise. It's funny, with all this Ai trading, so few contracts are being traded.

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