Episode 112 Option Trading Strategies May 2, 2020

The Weekly Option

Episode 112 May 2, 2020

Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.

It’s always great to hear from listeners. If you have any questions about the trades presented here or about your own positions, feel free to email me.

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The equity markets started off strong but lost their gains at the end of the week. The Dow Jones Industrial Average lost 51 points this week, closing at 23,723. The S&P 500 Index lost 6 points this week, ending at 2,830 points on Friday. We haven’t seen a week over week change this small since the first week of January 2020.

In this week’s show, we will cover the trades from last week on The Cheesecake Factory, Lyft, and Wells Fargo.

And we discuss three new trades on Eldorado Resorts Inc., Coca-Cola, and Pfizer.

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