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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 Puts On A Thursday Morning With Friday Being A Holiday

First it's five day chart going into the opening.
Now it's one day chart showing a modest selling pressure towards the close of the day.
Is this dip towards the closing a precursor to Caterpillar opening lower? It's difficult say. Here is how two series of it's Puts closed the day.
..
Notice the low volumes of Puts and think back to how Caterpillar was trading over $50.00 lower only two days ago. To me these Put options don't truly reflect the volatility of this situation. Now here is how these two series of Puts traded on the following opening.
....
I don't understand why more traders didn't see this coming. *** Here is a more detailed look at how Caterpillar traded on the entire day.
The low of the day was at exactly 9:45 a.m. or fifteen minutes after the market opened. It's kind of a suspicious number. Read my April 5th blog which investigates this thought further.

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