Episode 306 Option Trading Strategies January 20, 2024 – Option Trading Podcast

Episode 306 January 20, 2024

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

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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 knowing the companies you trade.

In this week’s show, we will cover the trades from last week on Peloton Interactive, Pinterest, and Cameco Corporation.

And we discuss three new trades on Snap Inc, Direxion Daily Semiconductor 3X Bull ETF, and DraftKings Inc.

The equity markets finished the week at new all-time highs! The Dow Jones Industrial Average gained 270 points, closing at 37,863 points. The S&P 500 Index picked up 56 points, ending the week at 4,839 points.