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"End Of The Day" Friday Option Trading On Tesla

Back on April 2nd I did a blog called "Two Hour End Of Week Option Trading on Tesla". In that blog it was noted that Tesla dropped in price starting at 1:30 p.m. and 42 minutes later it was $5.95 lower in price, approaching the "must-get-out" at 3:00 p.m. mandated option deadline. Put option buyers getting in around 2:00 p.m. did well on their investments. (The stock was down $20.67 on the day). Here was it's chart on that day. It was a Thursday with Friday being Good Friday. Now let's fast forward to today's action, it being the following Friday. Tesla options had a tough start to the day. Here an example of what I am talking about. Look at the 347.50 series of Calls at 12:34 p.m. Are you able to see how they are down in price on the day? Now this. A look at how these same options closed out the day. They charged back upwards towards the close. The $140.00 option price we were looking at below is actually a 4:00 p.m. readout. This chart shows Tesla ...

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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