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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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Nvidia Options With Two Days To Go

Triple witching is kicking in on Friday and today is a Wednesday with the markets being closed. It's strange that they are closed but they are. The next two days of trading are going to be different. Big players with big bets most likely made closer to the start of the year now have to be rolled into something further out. If you just made $3 million dollars on stock options from trading Nvidia wouldn't you think about taking a tiny portion of the profits and put it into playing the downside? Here now are Nvidia's five and thirty day charts and soon we will looking at the crazy volume of trading on it's "near-to-the-money" Call and Put options. These are options with only two days of trading days life left in them.
Can you see it stepping up in price nearly everyday? Like up five days in a row. If you get a ruler out and join up the lines you will see that odds are, based on day to day action that's what is going to contunue to happen. Might it slip back off a few dollars or dive down twenty dollars on ugly news? It could. Some speculators think like that. Remember it recently enjoyed a 10 for 1 stock split. The stock is hot. Now this.
Look at the total number of contracts traded on the day and the end of the trading session's open interest. Think of how large these numbers are. Now the Puts.
If the stock swings $4.00 in one day somebody is going to make some money in the next two days! Let's now see how Nvidia traded on Tuesday. Remenber how the markets were closed on Wednesday .
To be continued. Approaching 1 p.m. on Thursday.
Now a look at the Call options.
Now the Puts. This time it's a 12:52 p.m. readout.
Now a Thursday "end- of-the-day" printout. Look at the drop.
Now the Puts.
Now for Friday.
Who would be brave enough to be buying the Puts on Thursday's strong opening? Think about this on our next triple witching occurance!

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