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Deere Trading Sideways On October 1st 2024 - Few People Trade These Ones

The stakes are huge. Is Deere slipping? Here is it's five day chart. Could Deere slip to $412.00 on the opening? If it did, could it slip further? The chart looks to me like it wants to open lower. Could you grab some Call options on a weak opening and try to play it for a rebound? Does history repeat itself? Here are how the 417.50 series of Calls traded yesterday on Oct 1st. Can you see how they dipped on the opening and came charging back up? That's the kind of action option traders like to see. Look at how few contracts trade on a daily basis. Clearly trading Deere options is like skating on thin ice. To add some sort of prespective on todays action here is how the indexes traded today. Shown above was Deere's five day chart. Here now is a look at how Deere traded traded today. After a nervous start it showed some strenght in the early afternoon. Now a premarket look at Deere on Wednesday October 2nd. Look at these four stocks and look at the premarket bids and ask
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Ford Calls on a Friday when the DJAI jumps over 500 Points on the Day

First, back on May 14th I posted a blog entitled Ford Puts - sometimes they will Suprise. This blog is the reserverse of that action. First it's Friday May 31st and here is how the DJIA closed the day.
The stock Ford had a good day. Here is it's one day chart.
Let's now look at the 11.5 series of Calls that expired today.
Now let's look at the 12 series of Calls, that's where the real action was.
It's difficult to see the last little colored chart but basically the twelve series of options got off to a slow morning start and then picked up steam as the markets rallied in the afternoon. $100.00 Call options in would have returned $1,500. I have talked about Ford options before and the concept of playing these penny like short term options. It's a game that has being going on for years. If all of this is to rich for your blood the next week options also had impressive afteroon gains. It's not every Friday the D.J.A.I jumps over 500 points. That's what it takes to make this kind of action happen. It's not rocket scientist stuff.
* Ford traded down three cents on the week.

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