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Tesla Options Near the Close on Friday Afternoon.

Tesla was up 11% in the last five days. Here are it's one and five day charts. ... Now here are one series of it's Call and Put options with only 42 minutes of trading life remaining in them. Might it's Calls rebound back upwards towards the closing? The D.J.I.A. is up almost 1,000 points on the day. Now this 3:02 p.m. readout. Retail traders need to be out of their postions by 3:00 p.m. otherwise risking getting sold out. The Call option we are looking at has now gone from $1.88 to $2.35. On days like this when the D.J.I.A. once again is up somewhere around 1,000 points you can afford to play little tricks like this. Others may have bought into this postion around 10:00 a.m. in the $.89 range! These are not normal markets.
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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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