CAT Stock May Not Have 9 Lives. Here’s My Favorite Way to Trade Caterpillar with Options Here.

Dow Jones Industrial Average ($DOWI) component Caterpillar (CAT) is a key part of the construction industry. It is a $250 billion stock, which was much smaller last spring. 

But since then, its price has surged. CAT’s earnings report a week ago took the stock down a few percentage points from its recent all-time high. It has more than tripled during the past 5 years. Not bad for an industrial company celebrating its 100th anniversary in 2025!