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Step Down Charts And Short Term Options. Nio

Here is a classic "step-down-chart" with one minute of daytime trading life left in them before the markets close at 4:00 p.m.. The stock is Nio. ... This printout of "in-the-money" Call option also shows one minute of trading life in them before the market closes. It's Tuesday and these Calls expire this coming Friday. You are purchasing three days of market trading life. To purchase one thousand shares of this stock would cost you $5,750.00. To purchase options that control the price movement of one thousad shares of this stock for three trading sessions would cost you $370.00. ( Ten contracts at $.37 each). These Calls are also currently $250.00 "in-the-money" which means if the stock totally goes flat for the next three days your options will still have that amount of intrinsic value left in them. Now think about this. Many option accounts in the U.S. enjoy free option trading and there are discount brokers in Canada who can save you money. A fl...
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Caterpillar Calls Again.

Last Friday we showed how one series of options traded on that day. Caterpillar was up $21.96 on that day.
The Call options jumped $6.91 or 46.96 %. Only 13 contracts traded on the day. Today Monday was not much different. Caterpillar jumped upwards on the day. The same series of Call options, the 665 Calls with the same striking price jumped again (only on one contract) and closed the day bid $37.95 - ask- $40.40.
It helped that the DJIA also jumped up.
Now here is it's five day chart.
All this on no real news except the focus on the angle that it makes power generators which are in demand. So Caterpillar is up over $50.00 in only two days. What to do? Buy these short term Puts that expire this Friday?
Fighting strong stocks at the start of the week using "close-to-expiring" options is a major risk to take with so many stocks now trading comfortably in nose bleeding territories. Now this. It's one month chart.
Trading volumes are up.
When stocks get hot like this something has to give. The question is when. I think it will be soon.

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