Episode 80 September 21, 2019
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
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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 know 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 busy news week. We had a drone attack on a Saudi Arabian oil facility last weekend which led to a spike in oil prices. And, we saw the Federal Reserve Bank lower interest rates. The US equity markets finished slightly lower this week. The Dow Jones Industrial Average lost 284 points, closing at 26,935 points. The S&P 500 Index fell 15 points, ending at 2,992 points.
In this week’s show, we will cover the trades from last week on Evolent Health Inc, Bank of America, and the iShares 20 Year Treasury Bond ETF.
And we discuss three new trades on Whiting Petroleum, UBER, and Pinterest.
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