Episode 28 September 22, 2018
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 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.
The Dow Jones Industrial Index had its largest weekly gain since the first week of June. The index rose 588 points to finish the week at 26,743 points. The S&P 500 Index had milder results, increasing 24 points to finish the week at 2,929 points.
This week there are 37 companies planning to announce earnings. On Tuesday we’ll hear from KB Home and Nike. On Wednesday Bed bath and Beyond will announce along with Carmax. On Thursday we’ll hear from Accenture and on Friday Vail Resorts will announce quarterly earnings.
In this week’s show, we will cover the trades from last week on Cleveland-Cliffs, MSCI Emerging Index Fund, and the QQQ Trust ETF.
And we discuss three new trades on ADT, Delta Airlines, and Gilead Sciences.
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