Episode 256 February 3, 2023
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 what is an option.
In this week’s show, we will cover the trades from last week on Nikola Corp, Draft Kings, and Faretech.
And we discuss three new trades on Blue Apron Holdings, Virgin Galactic Holdings, and Luminar Technologies.
The equity markets finished relatively unchanged week over week. The Dow Jones Industrial Average lost 52 points, closing the week at 33,926 points. The S&P 500 Index grew 65 points, ending the week at 4,136 points.
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