Options Activity Prior to this Week’s PPI and CPI reports

Tom Gentile

Posted in Daily Report

By: Tom Gentile on October 11th, 2022 • 3 mins read

Education was provided yesterday on what the PPI and CPI repots are and what they indicate yesterday.

Tomorrow we get the PPI and Wednesday the CPI, and we will see what the numbers are and what that may speak to what the Federal Reserve will do (or not do) with short term interest rates in their efforts to stave off inflation even at the risk of bringing on a recession.

This Years MLB Playoffs and the Markets Today, Tuesday October 11, 2022

If you watched or have been watching Major League Baseball’s first round games of the playoff you likely saw some late inning comebacks, where a team was losing only in the last inning or two come back and snatch a victory.

While that is good news for the team that came back, that means another team had to falter in the late innings or even the last inning.

That latter situation is what happened to the markets today.

The markets have been in a slide all year. The NASDAQ recently made yearly lows and the Dow and S&P are close to it or have done that as well and there IS the prospect things are oversold.

Being oversold means they can get some oversold buying kick in and a rally off the lows is possible. But things can be oversold and stay oversold or awhile.

Back to the analogy of a team losing in the last inning.

Today’s trading saw the major averages climbing higher in what looked like a prospective bullish day and the start of an oversold bounce.

The three major averages were all trading higher into the time of 12:30pm US ET. They stopped rising but went somewhat flat and then sliding back a bit trying to hold on to gains best they could for about another 2 hours after that.

Then the Bears came in and had their last inning come back, sending the markets lower and all three major averages ended up losing on the day. Well except for the Dow which was higher by 36-points, but that was after being ahead by 300+ points on the day

Morning Reports Lists

Here is a look at the options activity that makes the Morning Reports lists by the category headings shown.

Note these, if nothing else refer back to this day’s article so you can see how these options fare at least the rest of this week post the economic reports and the release of the September Fed minutes.

This helps ascertain what you and your broker(s) may want to consider in the future with these reports.

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App: Toms Option Tools

Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.

Other times I will have other charts may work to amplify my educational points. 

Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.

Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.