Episode 282 August 4, 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.
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 legging into trades.
In this week’s show, we will cover the trades from last week on Nikola Corporation, Freeport McMoran, and JD.com.
And we discuss three new trades on Rite Aid Corp, BP British Petroleum, and Cisco Systems.
It’s been a while since we’ve made it beyond three consecutive weeks of week over week gains in the US equity markets. The Dow Jones Industrial Average lost 393 points, closing at 35,065 points. The S&P 500 Index lost 104 points, ending the week at 4,478 points.
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