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Caterpillar Cracks $1,000.00 Per Share. History In The Making.

How did this stock get this high? What happened to the worries last summer that tariffs rising raw material would crush their bottom line? What happened to the worries that management commented on during their last few quarterly profit reports. Now look at Caterpillars five day chart.
Caterpillar reached the $1,000.00 per share mark for the very first time. Yesterday the stock had a powerful one day surge upwards. Are some people now thinking that the stock could move even higher?. Think about this. Other stocks have also recently reached this threshold. Let's look at a three year chart on Costco to see what it's stock did after reaching the $1,000.00 dollar level for the very first time.
Between January 29th and February 3th in 2024 the stock went from $979.00 to $1,022. Then on February 13th it reached $1,072.00 to only then fall back to $927.00 on March 12th. These are big numbers flying around. Let's move on to Eli Lilly and visit it's "reaching the $1,000.00 per share story".
On November 10th 2025 it's stock was trading at $988.00 and then on November 11th it was at $1,018.00. Then it moved on to hit $1,110.00 on November 24th. So let's now go back to Caterpillar and look at it's 30 day chart and it's one year chart.
Talk about a meteoric upward spike. I might start thinking about playing it for the downside if it jumps another $100.00. I have often mentioned that many option traders have given up on playing Caterpillar Calls because they are so expensive. Only a handful of Call or Put options trade in one day on some series of long and short term options. Here is a look now at how it's $980.00 series of Call options that expire this Friday were trading early Tuesday morning. Caterpillar was down $43.28 in 39 minutes of trading!
To buy in at this point would be a dangerous play on the magical upward bounces some stocks seem to enjoy when they jump to the over $1,000.00 per share price level. I note that option traders at this particular point in time don't seem to have an appetite them. Let's see what happens. Here is how this series of Calls closed out Tuesday.
These Calls will pay off if the stock jumps up and over $1,000.00 any time this week. There are only 53 open Call positions up from 3 open positions earlier in the day. Let's see what happens.

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