Caterpillar,Tesla and Nvidia Puts On A Tuesday Afternoon. It's 3:40:00 P.M.
Caterpillar is up $40.00. at 340 p.m. Might it sell off a touch before the close? The DJIA ended up closing the day 1,024 points! Let's look at these three series of Puts series which expire on Friday. First Caterpillar. Now Tesla and a look at it's Puts about four dollars "out-of-the-money". Now Nvidia with a focus to be watching it's Puts. These ones are also slightly "out-of-the-money". Now jump ahead to the closing reading. First Caterpillar once again.The Puts we were watching closed at $7.10 only ten cents higher than what they were trading at when we first looked at them. The Tesla Calls however jumped up to $3.65 from $1.90 and the Nvidia Puts jumped up from $.75 to $1.25. .. This is one approach to playing super strong days in the market without losing any sleep. Puts can sometimes be your best friend.
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