CAT Puts

It's five day chart. Now it's one day chart. Now a look at it's Puts. Might the stock sell off before the close? Remember how I have constantly written blogs about the integrity of this organization. Tens of You tube videos attempt to address the same issue. Look at this! This company has a history of "pump-and-dump" schemes like this. Yes the big sharks know how to skim money off the markets. *** Even after this sell off on Friday afternoon Carvans was up $55.91 on the week.

First it's five day chart. There was news this morning which might be attributable to this morning's jump in price. Ai news should always be taken with a grain of salt as it doesn't add to the bottom line profits overnight. The markets jumped today big time. Do markets sometimes take a pause after big jumps like this? That's the question and that's why I am attracted to it's one day Puts today just prior to the closing bell. A fifty cent selloff in tomorrow's premarket or shortly after would cause these Puts to jump by 50%. A double in price on the Puts would take a bigger move down than fifty cents. It's a risk however it's a risk worth taking because it gives you two chances to get out of your position tomorrow. One chance on a morning selloff and one chance on a gradual price decline as the afteroon plays itself out. Might the stock give back one half of what it gained today? Here is how it is trading in the aftermarkets on Thursday. One conc...

Here is it's chart on the day as of 3:37 p.m. There is recent talk of Trumph helping the farmers with bailouts.. It's a Thursday with options on this stock expiring tomorrow. I want to show you how some of the "out-of-the-money" Call options have traded today. First here is how the markets are doing in the late afternoon. Now look at these three series of Call options. They are all "out-of-the-money" Call options. What are the odds of ever catching this action? It would of have required the mentality to be willing to buy them on this morning's dip. That plus the stomach to purchase Call options which are "out-of-the-money" with only one day to go. It's not everyone's cup of tea. I get that. So once again, Caterpillar has had a healthy upsurge on the day. Would it make any sense to be looking at tomorrow's Puts? Well check out this one series of "at-the-money" Puts. They actually look very reasonable in price. So the q...