Late In The Afternoon Rallies on Caterpillar On A Thursday

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Caterpillar rallied from $801.53 at 3:00 p.m. on Thursday to $815.39 at 3;59 p.m. Thats a big move in 60 minutes.
Institutional buying was kicking in after a rough week of trading. Look at how they were once trading over $875.00.
Might it still have some room to go up? Here is how one series of it's Call options closed on Thursday.
What I find strange is that no one was trading them on that day, even as it was surging upwards in price in the last hour of trading. Will this enthusiasm carry over into Friday mornings trading action? Trading Caterpillar options as of late has become a bit difficult because the option premiums have become ridiculously expensive. They closed at $6.95 on Thursday. Let's see how they open on Friday morning. Now this.
A double.

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