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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 selling pressure towards the close on the previous 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. Here now is how these two series of Puts traded on the opening. .... I don't understand why more traders didn't see this coming.

Deere and Company - One Of The Most Dangerous Series Of Call and Put Options to Play When There Is Only Hours To Go.

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If you have winnings from a previous trade sometimes you value that money differently. It's difficult to explain why but there are scholars out there who have written books on this very topic. It's like play money or free money that you can now use to make the wildest option trades you can think of. It's money you feel you can risk. It's like being a kid in a candy store with money in your pocket. Everything looks good.There are two stocks that I sometimes follow, Dominos Pizza and John Deere. Both have options available to trade on them however the Call and Put options on the first one, Dominos are near impossible to trade. Why? Well on a Friday morning with options expiring that day on it, how do you predict which direction the stock on the world's largest pizza company is going to go? The answer is you can't. The company is painfully aware that one news release about the price of cheese going up or problems with their ordering apps could send their stock int...