Episode 142 Option Trading Strategies November 28, 2020

The Weekly Option

Episode 142 November 28, 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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In this week’s show, we will cover the trades from last week on Inovio Pharmaceuticals, the SPDRs Oil and Gas Exploration and Production ETF, and the SPDRs Gold Trust ETF.

And we discuss three new trades on Michaels Companies, Kroger, and Bausch Health Companies.

On Tuesday we saw the highest closing value of the Dow Jones, closing above 30,000 points. This week is still ending on the highest weekly closing price we’ve seen in the US equity markets. The Dow Jones Industrial Average gained 646 points this week, closing at 29,910 points. The S&P 500 Index picked up 80 points, ending the week at 3,638 points.

 

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