Episode 239 October 8, 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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I also teach students how to trade options, not just study theory, with a combination of videos and live coaching calls. If you’re ready to take your trading to the next level, send me an email to schedule a phone call.
The topic of the week is trading on hope versus trading on math.
In this week’s show, we will cover the trades from last week on Cassava Sciences Inc, Robinhood Markets Inc, and Proshares Ultrapro Short S&P 500 ETF.
And we discuss three new trades on Tricida Inc., Annaly Capital Management, and AT&T.
The markets managed to finish the week above last week’s low print. The Dow Jones Industrial Average gained 571 points, ending the week at 29,296 points. The S&P 500 Index gained 54 points, closing at 3,639 points on Friday.
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