Episode 251 December 30, 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.
Email questions to me: eric@theweeklyoption.com
Visit our YouTube Channel for The Weekly Option.com.
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 the daffodil principle.
In this week’s show, we will cover the trades from last week on TAL Education Group, Bilibili Inc., and Pinterest Inc.
And we discuss three new trades on TG Therapeutics, Southwest Airlines, and Barrick Gold Corporation.
The equity markets wrapped up the worst year since 2008. The Dow Jones Industrial Average closed at 33,147 points, which is a loss of 3,191 points this year. That’s an 8.78% decline for the year. The S&P 500 Index closed the year at 3,839 points. That’s a loss of 926 points for the year, or an annual decline of 19.44%. Crude oil closed the year at $80.47 per barrel, an increase of $5.26 or a 7% increase. Gold futures grew $1.2 per ounce over the year, closing at $1,829.80 per ounce, essentially unchanged year over year.
PODCAST LINKS FOR EPISODE POST
Listen on iTunes: https://itunes.apple.com/us/podcast/the-weekly-option/id1375267155
Listen on Stitcher: https://www.stitcher.com/podcast/the-weekly-option
Listen on Google Play:
https://podcasts.google.com/feed/aHR0cHM6Ly93d3cudGhld2Vla2x5b3B0aW9uLmNvbS9mZWVkL3BvZGNhc3Q
Listen on PodBean: https://www.podbean.com/podcast-detail/r5aam-6a884/The-Weekly-Option-Podcast
Listen on PlayerFM: https://player.fm/series/the-weekly-option
Listen on Spotify: https://open.spotify.com/show/0WbguppFrtSJsVFO4QKd83
YouTube Channel: https://goo.gl/u7JKJd
Option Trading Series on YouTube: https://goo.gl/eKfgvw
Technical Analysis Videos: https://www.youtube.com/channel/UCnpPLl3EB_RBC5kyrCnsHow
TradingView Stock Charts For Analysis: https://www.tradingview.com/gopro/?share_your_love=TraderEric
Podcast: Play in new window | Download
Subscribe: RSS