Episode 295 Option Trading Strategies November 3, 2023

Trading podcast

Trading podcast

Episode 295 November 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.

Email questions to me: eric@theweeklyoption.com

Visit our YouTube Channel for The Weekly Option.com.

For anyone that wants to learn how to trade options or simply get better at how they’re already trading, we have launched The Weekly Option Membership Group. The group features video training that can be accessed online when it works best for your schedule, daily interaction with me and others in the group through a chat group, and on-going videos and webinars to make sure everyone is up to speed and gets the help they need. This is a community of option traders that can support you in your growth. Email me immediately if you want to learn more about becoming part of this exclusive group!

 

The topic of the week is fear.

 

In this week’s show, we will cover the trades from last week on Riot Platforms, Proshares Trust II Ultra VIX Short Term Futures ETF, and Macy’s.

 

And we discuss three new trades on Lyft Inc., Cameco Corporation, and Intel Corporation.

 

This week was quite the week for market rallies.  In fact, we haven’t had a one week rally this strong since last November. The Dow Jones Industrial Average gained 1,643 points, closing at 34,061 points. The S&P 500 Index gained 240 points, ending the week at 4,358 points.

 

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TradingView Stock Charts For Analysis: https://www.tradingview.com/gopro/?share_your_love=TraderEric