Just recently, weekly options got introduced and we received multiple questions from our students and members.
Let us give you a brief explanation:
There are many critical elements in option trading and as closer and option comes to expiration, time decay takes a big effect on the option investment. We encourage every trader to study the relations of option parameters in respect to the desired investment outcome and teach those in all our classes.
Here is the current list of weekly options available:
Only 12 out of the list of 40 weekly options fulfill the NeverLossTrading criteria’s.
| Weekly Options Status February 2010 | |||
| Ticker Symbol | Name | Product Type | Reference |
| OEX | S&P 100 Index (American style) | Index, pm-settled, cash | Stock Market Index |
| XEO | S&P 100 Index European-style | Index, pm-settled, cash | Stock Market Index |
| DJX | Dow Jones Industrial Average | Index, am-settled, cash | Stock Market Index |
| SPX | S&P 500 Index | Index, am-settled, cash | Stock Market Index |
| NDX | NASDAQ 100 Index | Index, am-settled, cash | Stock Market Index |
| EEM | iShares MSCI Emerging Markets Index | ETF | Foreign Markets |
| FAS | Direxionshares Daily Financial Bull 3X Shares | ETF | Financials |
| FAZ | Direxionshares Daily Financial Bear 3X Shares | ETF | Financials |
| GLD | ishares SPDR Gold Trust | ETF | Precious Metals |
| GDX | Market Vectors Gold Miner ETF | ETF | Precious Metals |
| SLV | iShares Silver Trust | ETF | Precious Metals |
| IWM | iShares Russell 2000 Index Fund | ETF | Stock Market Index |
| QQQQ | Nasdaq-100 Index Tracking Stock | ETF | Stock Market Index |
| SPY | S&P 500 Depositary Receipts | ETF | Stock Market Index |
| USO | United States Oil Fund | ETF | Crude Oil |
| XLF | Financial Select Sector SPDR | ETF | Financials |
| VXX | iPath S&P 500 VIX Short-Term FT | ETN | Stock Market Index |
| AAPL | Apple Corporation | Equity | Information Techn. |
| AIG | AIG | Equity | Insurance |
| AMZN | Amazon.com Inc | Equity | Consumer |
| AXP | American Express | Equity | Financials |
| BAC | Bank of America Corp | Equity | Banking |
| BIDU | Baidu, Inc. | Equity | Information Techn. |
| BP | British Petroleum | Equity | Energy |
| C | Citigroup | Equity | Banking |
| CSCO | Cisco SystemsInc. | Equity | Information Techn. |
| F | Ford Motor Company | Equity | Consumer |
| GE | General Electric Company | Equity | Industrial |
| GM | General Motors | Equity | Consumer |
| GOOG | Google Inc | Equity | Information Techn. |
| GS | Goldman Sachs Group, Inc. | Equity | Financials |
| JPM | J. P. Morgan Chase Manhattan | Equity | Financials |
| LVS | Las Vegas Sands | Equity | Casinos |
| MEE | Massey Energy Company | Equity | Energy |
| MSFT | Microsoft Corporation | Equity | Information Techn. |
| NFLX | NetFlix Inc. | Equity | Information Techn. |
| IBM | International Business Machines | Equity | Information Techn. |
| PCLN | Priceline.com Inc. (new) | Equity | Consumer |
| POT | Potash Corp Saskatchewan | Equity | Materials |
| RIMM | Research in Motion Limited | Equity | Information Techn. |