Episode 280 July 21, 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 trades that benefit from big moves.
In this week’s show, we will cover the trades from last week on Rocket Lab USA Inc, NIO Inc., and Robinhood Markets.
And we discuss three new trades on Sirius XM Holdings, Xpeng Inc, and XP Inc.
The equity markets finished the week higher, with earnings driving much of the sentiment. The Dow Jones Industrial Average gained 718 points, closing at 35,227 points. The S&P 500 Index grew 30 points, ending the week at 4,536 points.
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