Episode 238 October 1, 2022
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
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The topic of the week is downside risk compared to upside markets.
In this week’s show, we will cover the trades from last week on Bausch Health Companies, Warner Brothers Discovery, and Norwegian Cruise Line Holdings.
And we discuss three new trades on Cassava Sciences Inc, Robinhood Markets Inc, and Proshares Ultrapro Short S&P 500 ETF.
The US equity markets continued the slide lower this week. The Dow Jones Industrial Average lost 864 points, closing at 28,725 points. The S&P 500 Index lost 107 points, ending the week at 3,585 points.
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