Episode 259 February 25, 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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The topic of the week is breakeven points.
In this week’s show, we will cover the trades from last week on Cano Health Inc., Transocean, and Quantumscape Corp.
And we discuss three new trades on AMC Entertainment Holdings, Upstart Holdings Inc, and the United States Steel Corp.
We saw a much larger drop in the equity markets the week, with both indexes dropping more than 2.5% week-over-week. The Dow Jones Industrial Average lost 1,009 points, closing at 32,816 points. The S&P 500 Index lost 109 points, ending the week at 3,970 points.
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