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Climbing The Wall of Greed.

It's a stupid market with stupid things happening. It's exhausting. Investors have to change out their investment strateties. Caterpillar and Deere had big gains this week and one week Call options on both of them went up in price 400 percent. In recent blogs I have talked about things like coming late to the party and making trades where you would make out like a bandit. Look at this mornings action in "Unusual Machines".I have talked about this stock before. Now this. A look at the Call options on "Unusual Machines" at 9:31 a.m. this morning after the stock jumped $1.57 on the opening. These Call options jumped 300% from their close on the previous day. Also look at the large open interest in these options. These Calls still have one week's life left in them. The question now is who would you be stupid enough to be throwing more money into this? Not me after all this that has happened. Now this. In forty four minutes the Calls that were already up...
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Fun With Numbers. A Stock Named "Super Micro".

Stocks trading in the $1,000 per share price range will have options trading on them. What happens to "one-day-to-go" Put options on a $1,000 priced stock that suddenly drops to $800.00 in price in one day? Case in point is a stock called "Super Micro" and it is an A.I. play. The answer to this question is at the bottom of this blog. What I am about to show you happened on Friday February 16th. It was such an obscure situation it wasn't really playable.
This isn't the kind of stuff I follow however I just want to show you how extreme option trading can sometimes be. This was an option series which was $50.00 "out-of-the-money" at the start of the day. Look at how like 10,000 contracts traded on it in just that one day!
The Put option jumped up 1,886 % in one day! That doesn't happen very often. A contract trading at the low of the day at $181.00 went to a high of $14,877.00 .

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