Trading Weekly Options
By: Chuck Hughes
In this video the Hughes Optioneering Team will explore their weekly option purchase strategy. Weekly options expire every Friday giving us 52 trade opportunities a year. One of the advantages of trading weekly options is that you can start small. You can trade a portfolio of 5 weekly options in different industries with a total investment of $270. The Team will display actual portfolios of weekly options that produced an average return of 82.7% and 83.6% over a one week period.
The Team normally rolls over options if the underlying stock/ETF is still on a Trading Weekly Options 'buy' signal. Rolling over profits has allowed us to reduce our cost basis and risk to zero for most of our weekly option trades.
Futures, stocks, bonds, currency and options trading involves high risks with the potential for substantial losses.
PLEASE READ. Past results are not necessarily indicative to future results. There is a substantial risk of loss trading stocks and options with or without this or any other advertised product, service or system. Also, hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.