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The Appetite For Caterpillar Options Going Into An Earning's Report Is Quite Small .

Let's start with this. Caterpillar has an earnings report coming out on April 30th. You should listen to it. It's not going to be difficult to find. Now look at these how these two series of options closed out the week. The Calls are just "in-the-money" and the Puts are just slightly "out-of-the-money".The cost to play the upside with one week options almost equals what it costs to play the downside. That's kind of strange as usually the Calls cost more to purchase than the Puts. Both are super expensive however Caterpillar as of late can jump $15.00 or $20.00 dollars in one day. When I say super expensive what do I mean? 2,690 means $2,690 Americian per contract. That is not chump change. You would have to have a very strong conviction it was going to move one way or another before you would want to jump in. Yet there is bigger problem. The current price of the stock is in a nose bleeding territory. Look at it's one year chart. Is it really doing ...
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Mid Week Reversals On Boeing. Is Smart Money Buying The 210 Calls Just before The Close?

I like Wednesdays for mid week reversals. This week is more difficult than usual because the U.S. is at war. These aren't normal markets with the projectory being down. So here is Boeing's morning chart at 10:26 a.m. Remember the first hour of trading and the last hour of trading have the highest volumes of trading.
Now two series of it's Call options.
Notice the interest in the "at-money" Call options as compared to the "out-of-the-money". Call options. Daytraders are looking at "in-and-out" situations. Now this, a look at the movement one hour later. Boeing continues to go down. I have also added a look at the 205 series of Calls. They are all sliding down.
....
Is there now at 11.45 a.m. an uptick?
Now at 12:03 p.m. Things are stalling out again.
What does Chat GPT say about this situation?
All three series of these Calls are taking a beating. Now this at 12:25 p.m.
Now this at 1:30 p.m.
Now it's readings at the end on the day.
NOW IT'S CURRENT FIVE DAY CHART AT THE CLOSE ON THURSDAY.
The stock dropped all day making it difficult to get excited about playing the upside. Did smart money buy into the 210 Calls just prior to the close? Do markets sometimes rebound after drops this large?
Looking for a rebound on a Friday morning is now a dangerous game. These are not normal markets for option trading.

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