Episode 63 May 25 2019
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’ve also created a short video series to teach you all the basics of option trading you’ll need to be able to follow along with me on this show. You can visit our website and click on the videos tab to watch them, or visit our YouTube Channel for The Weekly Option.com.
This is an interesting period in the US equity markets. Once again the markets finished with very little week over week change from a percentage basis. The Dow moved less than a percent and the S&P 500 moved 1% this week. The Dow Jones Industrial Average fell 178 points, ending the week at 25, 585 points. The S&P 500 Index closed at 2,826 points, 33 points lower than last week.
In this week’s show, we will cover the trades from last week on Carrizo Oil and Gas, Bausch Health Companies, and American Airlines.
And we discuss three new trades on Sprint, Snap Inc., and National Oilwell Varco.
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