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Tesla Call Options On A Friday Morning

First, here is what the D.J.I.A index is doing, not that it matters all that much. These Calls are down like 50% from the previous day. Tesla did drop on the previous day, a day in which the market dropped 669 points. Some stocks are having a good morning. Look at Snowflake. Might Tesla wake up and take off again? The same with Apple which had a big fall on the previous day. This kind of nervousness is what Friday morning one day option trading is all about. Some option traders capitalize on situations like this buying instead next weeks out day (five day) options. Let's see what happens. Now this at 12:42 p.m. The DJIA index is creeping up. .. I don't really like the slow creep back up knowing that with any bad market news everything could sell off in a heartbeat. I would just get out. That's me. To be continued. Here is how these Telsa Call were trading at the 3:00 p.m. get out deadline. Now here is how Tesla closed the day. Sometimes taking profits when you see them...
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Caterpillar Calls Rock

They keep going up.
Yet this morning, a Monday morning the DJIA is down.
Can you fight a strong stock or are you just throwing money into the wind? Deere, Caterpillar and Boeing are all also on an upward terror. Now a look at these Caterpillar Puts at 10:41 a.m. which expire at the end of the week.
The open interest in this series of Puts going into todays trading session is zero. What about the action in the Calls. Are option traders playing them? Well yes and no. The 630 series of Calls have almost doubled on in price on the day but the volume of trading in them is not all that inspiring.
Now let's go back and look again at the 642.50 Puts we looked at back at 10:41 a.m..Here is how they closed out the day. The D.J.I.A. index never came back.
Shown above is Caterpillar's one and five day chart. Is this "step-up" chart formation suddenly starting to crumble? That's the question. Tomorrow openings will likely see Caterpillar up or down $5.00. Maybe this time, given it's late the day weakness it will drop. Fighting a strong stock is a dangerous game few want to play. To be continued. Wednesday morning. No trades in the first 20 of trading. Trading options on series with low liquidity creates it's own set of challenges. Something will have to give shortly.
Now this. Yes you can sometime fight rising stocks. It helps that the DJIA keeps falling.
..
.....
Thing are now jumping around sideways.
To be continued. On Thursday Caterpillar resumed it's upward trend.
Put holders have take their profits quickly.

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