Episode 65 June 8 2019
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.
This was a very strong week in the markets. In fact, we haven’t seen a week this strong in term of a bull market since November 2018. The Dow Jones Industrial Average closed 1,168 points higher, or 4.7%, finishing the week at 25,983 points. The S&P 500 Index was also up more than 4%. The index ended at 2,873 points, that’s 121 points higher.
In this week’s show, we will cover the trades from last week on Gold Miners Index, Wells Fargo, and Devon Energy.
And we discuss three new trades on Luckin Coffee, Activision Blizzard, and Occidental Petroleum.
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