Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
This was a strong week in the market. The Dow Jones Industrial Index finished the week roughly 563 points higher, or 25,019. The S&P 500 index had similar strength, ending the week 41 points higher at 2,801 points.
We are looking forward to earnings from the following companies: Bank of America (BAC), BlackRock (BLK), Netflix (NFLX), Interactive Brokers (IBKR), CSX Corp (CSX), Progressive Corp (PGR), Charles Schwab (SCHW), UnitedHealth Group (UNH), Goldman Sachs (GS), Kinder Morgan Inc (KMI), Johnson & Johnson (JNJ), American Express (AXP), Alcoa Group (AA), Abbott Laboratories (ABT), eBay (EBAY), Morgan Stanley (MS), Blackstone Group (BX), Union Pacific (UNP), E*Trade (ETFC), and General Electric (GE).
In this episode we discuss the results from last week’s trades: the covered call strategy for Southwest Airlines (LUV), a credit spread on the Gold ETF (GLD), and a debit spread on Pepsi (PEP).
We then discuss the trades for this week, a covered call on Advanced Micro Devices (AMD), EBAY (EBAY), and Conocco Phillips (COP).
Thank you for listening! Please subscribe by clicking one of the links below!
PODCAST LINKS FOR EPISODE POST
Listen on iTunes: https://goo.gl/uJY4cT#OptionTradingPodcast
Listen on Stitcher: https://goo.gl/E3EiJ4
Listen on Google Play: https://goo.gl/Pe4yzq
Listen on PodBean: https://goo.gl/Noiwti
YouTube Channel: https://www.youtube.com/channel/UCTo2yTkZPhqvlE8PdZkyTZA
Option Trading Series: https://www.youtube.com/playlist?list=PLsmN5u3o1hc74wNe_Uz3ZUYYwXCIwYAsn
Podcast: Play in new window | Download