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Five Dollar Options. Hertz

First a year-to-date-chart and a three month chart. The three-month-chart looks slightly better. In the last couple of weeks it hasn't done very much. It did have a big jump about six weeks ago. What do I know about this company? Nothing much but the car rental business could be kind of slow because fewer tourists are visiting the U.S. and with all of the U.S. governments slashing of services fewer government employees are using car rentals services. That plus there was a big mix up a liitle while back where Hertz went all in on Tesla vehicles and ended up dumping them and taking a bath. Now this. On a different note Carvana jumped $48.21 today. The used car market seems to soldier on with some people buying used rather than new because everything costs so much. Used car prices still remain high. So here is the deal. This stock could jump up but who knows when. Here is the five series of Hertz Calls which expires this Friday. These options don't buy you enough time. They ar...
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Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart.
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The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster.
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The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell us? It tells us option traders in general stay away from trading the "release of earning reports" on Caterpillar.
Now the one week out Call options.
Low open interest, a low volume of trading and relatively big pricings considering the these are only slightly "in-the-money" Calls which might take a few seeks to gain value. The bottom line is that this stock really got beat up and going forward it's going to be again upward journey. It helps that they are buying back their own shares. ** Now a look at how Caterpillar traded at the close on Monday April 29th.
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The volume of Calls traded is very light. That's suprising.

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