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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 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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