Episode 272 May 26, 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 believing in yourself and believing in the numbers.
In this week’s show, we will cover the trades from last week on Virgin Galactic Holdings, Macy’s, and the Direxion Daily Semiconductor 3X Bull ETF
And we discuss three new trades on Carvana Corporation, Rivian Automotive, and Palantir Technologies.
The equity markets finished the week before the holiday with mixed outcomes. The Dow Jones Industrial Average lost 333 points, closing at 33,093. The S&P 500 Index gained 13 points, ending the week at 4,205 points.
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