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Living on Kraft Dinner?

What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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Cat Puts or Calls - Going Into A Friday Morning.

First, a one day chart of Caterpillar on March 4th.
Now a March 7th five day chart. Can you see how it jumped in the last two days?
Now these closing readings on Thursday.
The above chart shows how the calls traded on the day and below the Puts.
Little volume and low open interest numbers. The real time to be watching these positions wil be thirty minutes into tomorrow's action looking for a reversal. Let's continue. Its Friday morning. Here we have a 9:46 a.m. printout of the 300 series Caterpillar Calls.
Take your profits, go away and forget looking for a reversal. The open interest number indicator doesn't add up. The deadline to get out of option positions on a Friday is 3:30 p.m. Here is readout of how these Calls were trading at 3:08 p.m..
Anyone with the guts to play Puts on the day could have done extremely well. Getting in after 10:a.m. and out around 2:00 p.m..
It baffles me why more traders do not have opportunities like this on their radar screens. Where is all the AI trading? I don't see it here. *** A look at the 340 Calls on Caterpillar on the following Friday, March 15th. It's pretty much the same story. Plenty of action on Friday with a relatively low amount of option trading.

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What does the word disconnect mean? As a verb it means "to sever or interrupt the connection of or between; detach". Option trading - one day options - is a disconnect from the world. What happens to slightly "out-of-the-money" Call options on Costco when the stock shoot up thirty dollars on the day? I will show you what happened on Friday to Costco Calls and the options on a few other stocks I frequently watch. What a disconnect from the real world. But before that a look at how the indexes traded. 1) Costco. It's five day chart and a look at how three of it's option series moved upwards in one day. You may not know how to read these printouts but try to read the highs and lows on these option pricings. One printout shows an "at-the-money" option which means you are buying a contract on the stock, good for one day only at a locked in price equal to (or very close to) what the stock is currently trading at. The other two contracts shown are ...
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