Episode 254 January 20, 2023
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 high risk, low probability trades.
In this week’s show, we will cover the trades from last week on Bed Bath & Beyond Inc, American Airlines, and Direxion Daily S&P Biotech Bull 3X ETF.
And we discuss three new trades on Carvana Corporation, Pinterest Inc., and Cameco Corporation.
The equity market had their first down week of 2023, with both major indices finishing the week lower. The Dow Jones Industrial Average lost 927 points, closing the week at 33,375 points. The S&P 500 Index lost 26 points, ending the week at 3,972 points.
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