Episode 23 Option Trading Strategies August 18 2018

The Weekly Option Episode 23

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

The market pulled slightly higher this week. The Dow jones Industrial Index ended the week 356 points higher at 25,669 points. The S&P 500 Index closed the week nearly 17 points higher, ending at 2,850 points.

We are looking forward to earnings from the following companies: Estee Lauder Companies on Monday, Toll Brothers, Medtronics, American Eagle Outfitters and Urban Outfitters on Tuesday, Target, Lowes, and Sears on Wednesday, VMWare on Thursday, and GameStop and Foot Locker on Friday.

In this week’s show, we will cover the trades from last week on YELP, Dillards, the IWM ETF, and Abercrombie & Fitch.

And we discuss three new trades on 3D Systems, the Brazil Index ETF, and the US Oil ETF.

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