Episode 230 August 5, 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 butterfly spreads.
In this week’s show, we will cover the trades from last week on Riot Blockchain, Quantumscape Corp, and Coinbase Global Inc., plus a bonus trade on Occidental Petroleum.
And we discuss three new trades on Clover Health Investments Corp, Nikola Corp, and AMC Entertainment Holding.
The US equity markets finished the week largely unchanged relative to last week. The Dow Jones Industrial Average lost 41 points, closing at 32,803 points. The S&P 500 Index gained 14 points, ending the week at 4,145 points.
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