Episode 221 June 3, 2022
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 topic of the week is trade design using statistical arbitrage.
In this week’s show, we will cover the trades from last week on Redbox Entertainment Inc , Snap Inc, and British Petroleum.
And we discuss three new trades on Upstart Holdings, Schlumberger, and Devon Energy Corp.
The equity markets finished the week slightly lower, week over week. The Dow Jones Industrial Average lost 313 points, closing the week at 32,899 points. The S&P 500 Index lost 49 points, ending the week at 4,108 points,
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