TradeKing Midday Market Call Recap: SPX, VIX, COMP, CAT, LVLT

Analysis from QuickTakesPro founder and Barron’s columnist Michael Kahn, CMT:

Discussion from TradeKing Senior Options Analyst Brian Overby:

Quick Takes Pro “Chart of the Day” - Caterpillar - symbol (CAT)

Technical tools used:

Options Guy’s potential options trade based on “Chart of the Day” – CAT Long Call Spread (AKA Bull Call Spread)

CAT Long Call Spread (AKA Bull Call Spread):

CAT - Earnings-based trade: Diagonal Spread with Calls:

TradeKing Options Tools used:

Moving Averages

Unusual Option Activity in Level 3 Communications Inc. (LVLT) on 6/4