Episode 77 August 30 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 know 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.
We saw a nice week over week gain in the US equity markets this week. The Dow Jones Industrial Index was up 774 points, ending the week at 26,403 points. The S&P 500 Index gained 79 points, closing the week at 2,926 points. These are the highest weekly closes all month for the US equity markets.
In this week’s show, we will cover the trades from last week on Slack Technologies, Citigroup, and Cisco Systems.
And we discuss three new trades on Lannett Company Inc, the S&P Oil & Gas Exploration and production ETF, and Square Inc.
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