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Costco Is Flat In The Last Five Days.

Well it's actually had a couple of ten or fifteen dollars dips. Can you play it? Some would say why would you want to? If you look at the open interest in these two series of options below you will see that not many players want to. That in a sense that is a good thing. Here are two option series to look at. First the Calls that are set to expire this Friday. Now the Puts which are also expiring this Friday. Now here is it's chart a 10:05 a.m. If your looking for me to make some brillant comment as to what is going to happen next you might be in for a disapointment. All I want to say is that the markets had a bad day yesterday and the 980 series of Calls almost doubled in price on that day. My point is that these options have the potential (Tuesday options that expire on Friday) to make amazing moves. For example in a past blogs I wrote about Costco on March 7th this stock was down $69.60 on the day as I was writing about it! I have strong repect for these options. Recent...
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Caterpillar. It's Biggest Jump In One Day This Year

First, here is what the markets did today.
Now this.Look at the high and low on these options today. All Call option holders were rewarded beyond belief. These are the moves option players dream of. It's instituational money flexing their muscle.
This also.
This too.
Now what? You can't fight it and you can't buy in. Deere also is having a nice five day run. It's not that anything special is happening with these two companies.
Eight days ago in a blog I gave the example of how I bought a "330" series of Caterpillar Calls for two hundred and fifty five dollars. Had I bought the 330 series of Calls at that time with one more week of trading life in them they would have cost about $450.00 dollars. Today they would be worth over $3,200.00. This is not rocket scientist stuff. It is just something that has happened.

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