Monthly options expire on the third Friday which is Apr 20, the same day CAT reports.
I'm still thinking there is more to this downside than what we've seen so far. I hope I'm wrong but this negativity could last thru this week and, possibly, into next. This COULD affect any runup of CAT into earnings.
Can't help my personal negativity but the "Pucker Factor" has been at least a 9 out of 10 for me this week. Gotta get to the closet and locate my long-term hat. Isn't this what they say when you're on the short end of the stick in the stock market? Kinda like the Razorback football coach that says "just wait until next year"! LOL!