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Caterpillar Jumps Like $30.00 On The Opening

Here is it's chart. Nobody used options to play it. The stock opened stronger. Now what? The Puts? Ten contracts have traded in the 707.50 series. . Why aren't more traders attracted to this situation? Why haven't ten or fifteen thousand contracts on this series traded so far this morning? Sure it's dangerous however the potential to make money on this trade is huge. Over the next few hours or days Trumph will mess up again and say something stupid. He is the most powerful man in the world. Let's see what happens. Now this only fourteen minutes later. Look at the wide spread in the "bid-and-ask"? Nervousness is in the air. Now this, a look at a lower series of Put options, the $700.00 series. When I see 100 contracts traded I get suspicious. A bigger fish is also playing these options. That's a good thing. Going solo can be a lonely game. Let's move forward to 12:15 p.m.. Let's go back to the 707.50 series of Puts and look at how it is t...
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A Chart Pattern You Don't See Very Often. Super Micro

Here it is.
Obviously something when wrong to drive the price of the stock down 30% in one day. This is a Friday chart. Might Monday morning bring a second wave of selling pressure? The company got messed up breaking U.S. export rules. The companies co-founder Wally Liaw, age 71 got arrested for helping Chinese customers getting Super Micro servers containing high - powered Nvidia artificial intelligence processors in violation of U.S. export-control laws. Now here are what this weeks $20.00 series of Calls are priced at going into Monday's morning.
Might this event get shrugged off over the weekend? Who knows. Here is the answer, fifteen minutes into the Monday morning trading session.
What do I know? Not much. I am suprised that the stock didn't open higher. This could be the second wave of panic selling. Now could be a good time to buy.
To be continued. Now this at 10:52 a.m..
Not a bad trade if you're happy with a quick in and out. Opening mornings this strong are rare.
Or sell only half your position and wait. Here it is now trading at 1:00 p.m.
Super Micro Computers is not usually a stock I like to trade.

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