Welcome to The Weekly Option Podcast for May 5, 2018. In this week’s episode, we discuss several companies having earnings this week, including Zillow, Walt Disney, Andeavor, goDaddy, Revlon, and YELP. In economic events, we will get an update for the consumer price index (CPI) and the jobless claims this week. We discussed the outcomes of last week’s trading strategies; the covered call on Whiting Petroleum, the credit spread on Macy’s, and a debit spread for Valeant Pharmaceuticals. The trades for this week include a covered call on Zillow (Z), a credit spread on the S&P 500 ETF (SPY), and a debit spread on Occidental Petroleum (OXY). Enjoy the podcast!