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McDonald's. It's Difficult To Fight Strong Stocks.

Here is McDonalds five day chart at the close on Wednesday. Now here is it's three month chart. Now consider this. In two days the stock is up about twelve dollars. I often talk about Wednesdays being the one day in the week the markets can do reverals. Today the DJIA was up over four hundred points and McDonalds was down 60 cents. It dipped on the opening and came back a bit and then selling pressure came into the stock again on the closing. I personally hate McDonald's food. The internet has tens of Youtube videos saying their fries are poisonous. Yet I get it. But think about this. Whenever a new residential subdivision goes in anywhere in North America there is room for another one of their restaurants to go in. They just pop up and everyone knows what they are. Here now is a snippet I posted in a past McDonald's blog. After a lackluster trading session today McDonald's could drop in the next two days or at least on a Thursday afternoon sell off. Yet nothing m...
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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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