Episode 249 December 17, 2022
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 also teach students how to trade options, not just study theory, with a combination of videos and live coaching calls. If you’re ready to take your trading to the next level, send me an email to schedule a phone call.
The topic of the week is new trading strategies.
In this week’s show, we will cover the trades from last week on IQIYI Inc ADR, Las Vegas Sands Corp, and KraneShares CSI China Internet ETF.
And we discuss three new trades on Grab Holdings Inc, UltraPro Short S&P 500 ETF, and Cleveland -Cliffs Inc.
The stock market headed lower once again this week. The Dow Jones Industrial Average lost 556 points, ending the week at 32,920 points. The S&P 500 Index lost 82 points, closing at 3,852 points on Friday.
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