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Insane One Day Action on Caterpillar And Deere In One Day

First Caterpillar. I can't make this kind if stuff up. .......... Only 136 contracts in this one seies traded today.That's nothing. I have being commenting on these low numbers in recent periods of time. We hear the terminology "buy-on-the-dips". I didn't see that happening today. Deere the same thing however it's Call action was less inspiring.. Very few Deere Calls traded. Here is how the DJIA traded on the day. Now their thirty day charts. First Caterpillar. Now Deere. Look at Caterpillars one day chart yesterday. One series of options traded down to $4.00 to only then rebound to $23.00. That was the play of the week. Once again, Wednesdays like I have said fifty times before are the best days on the week to look for reverals on "one-week-to-expiring options". At this point in time I would skip playing the Thursday last "two-days-to-expiring options" on these two stocks and check back into the action on Friday to only look at Te...

Toyota - Just Buying a Straight Call Two Weeks Out

A recent past blog highlighted the fact that the volume in Toyota options is super light. Now read this. There was a change of leadership.
Sales are up, the stock is down. They now have the second, third and fourth best selling cars in the world. It was just reported April global sales were up.
Here is the trading in two "in-the-money" Call options that expire in two weeks (The trading on May30th and on May31st).
Now May 31st.
Here is the chart.
This is all so strange. Only one Call option traded in two trading days. One! I must be an odd duck writing about this or missing something. Production levels up with top selling brands which equates to economies of scale. A proven product with a good reputation. A stock off in price two days in a row in a soft market. Any kind of a reversal would send these Calls up 50% in one day. At this point in time the higher up 140 Calls with two weeks to go would also surge on a two dollar reversal. That would cause an instant double.
I hate blogs like this which say something might double. I could look like an idiot for going so off tangent. Oh well. Check back later to see how all of this played itself out. ** One might wonder if you at mercy of the option makers in trading in thinly traded series like this. Yes and no. When something happens to change the projectory of a stock like Toyota there is no stopping it! ** It popped on the opening. Yes you can play Toyota.
Here is how it closed out the day.
...
What a nice one day move. This proves that Toyota is tradeable.

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