Episode 307 January 27, 2024
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
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The topic of the week is the danger of buying single options.
In this week’s show, we will cover the trades from last week on Snap Inc, Direxion Daily Semiconductor 3X Bull ETF, and DraftKings Inc.
And we discuss three new trades on Rumble Inc, Truist Financial Corporation, and Cisco Systems.
The equity markets added another week of gains to long list. The Dow Jones Industrial Average grew 245 points, closing at 38,109 points. The S&P 500 Index gained 51 points, ending the week at 4,890 points.
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