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Part Two Of What McDonald's Is Doing?

Nobody knows whats going to happen tomorrow. Let's jump forward. $1.64 or $164.00 dollars plus commissions will buy you one "310" series of Puts. In the first twelve minutes of trading only one contract traded. That just shows you how dangerous these option contracts can be. We are not talking about a one day move at this point in time. For option traders holding positions like this which were bought for quick flips an hour of watching the stock becomes a guessing game. Here it is now about seven minutes later. Note this, the pain continues? What's the DJIA doing? This becomes the path you are now on and it's to early to think about it becoming a dead end. If you still like the situation then yes you should buy more if you can afford to lose. Perhaps you made a big score on Disney Calls on the previous day. I have talked about that. Now this at 11:09 a.m. Still the same number of contracts traded. Hold these thoughts. Look at how the 310 Puts and the D.J...
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Caterpillar Jumps On The Opening

Can you fight it?
... Why would you want to? It's not like the Stellantis opportunity we had on Monday morning.
Is the stock running out of momentum? Up over $22.00 and then up over $28.00 and then up over $30.00. Now this less than an hour later. Caterpillar takes a hit.
When Caterpillar goes up over $30.00 in fourteen minutes and you catch it (with Puts) on the downside just take your profits and run. I will show you below how it closed the day. Now a trading comment. It's difficult to fight rising stocks and in hindsight the answer to Caterpillar's meteoric rise would be in holding it's thirty days Calls purchased in the recent past. Today's situation was a mid week option trade, the one day of the week I have often referred to as being the day of reversals. Caterpillar jumped on no news and Deere just sputtered along. It's largely insituational trading and various analyist are bullish on the stock. If this kind of a jump happened on a Thursday or Friday I wouldn't be trying to play it for the downside. This was a one-off situation, something like the Stellantis situation two days ago. Now here is how Caterpillar closed the day.
...
I kind of think Caterpillar and Deere are to expensive.

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