Weekly options by stock · SPOT
SPOT (SPOT) Weekly Options
Last SPOT trade alerted Oct 30, 2024
Yes, SPOT (SPOT) has weekly options. They trade on US exchanges and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week’s options typically expire on the prior trading day. Below is our fully documented track record on SPOT, and how its weekly options work.
Our documented SPOT track record
Every SPOT trade we have published, wins and losses alike. “Potential gain” is the move from our published entry to exit; individual results vary. Past performance does not guarantee future results.
Documented SPOT trade stories
A closer look at recent SPOT weekly options trades we published and tracked, with the chart from the time of the trade. Wins and losses alike.
52% Potential Profit on a SPOT Weekly Call Option
SPOT (SPOT) · published Oct 30, 2024
SPOT Nov 11 2024 $400.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See every SPOT trade, wins and losses, inside membership →92% Potential Profit on a SPOT Weekly Call Option
SPOT (SPOT) · published Sep 24, 2024
SPOT Oct 11 2024 $375.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See every SPOT trade, wins and losses, inside membership →259% Potential Profit on a SPOT Weekly Call Option
SPOT (SPOT) · published Feb 13, 2024
SPOT Mar 08 2024 $240.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See every SPOT trade, wins and losses, inside membership →53% Potential Profit on a SPOT Weekly Call Option
SPOT (SPOT) · published Jun 21, 2023
SPOT Jul 14 2023 $160.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See every SPOT trade, wins and losses, inside membership →Recent SPOT weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Oct 30, 2024 | SPOT Nov 11 2024 $400.00 CALLS | $4.55 | $6.9 | +52% |
| Sep 24, 2024 | SPOT Oct 11 2024 $375.00 CALLS | $8.5 | $16.35 | +92% |
| Feb 13, 2024 | SPOT Mar 08 2024 $240.00 CALLS | $8.2 | $29.43 | +259% |
| Jun 21, 2023 | SPOT Jul 14 2023 $160.00 CALLS | $3.03 | $4.64 | +53% |
| Apr 26, 2023 | SPOT May 12 2023 $140.00 CALLS | $2.5 | $4.53 | +81% |
Our SPOT weekly options trading history
We have published documented SPOT weekly options trades from Apr 26, 2023 to Oct 30, 2024. Across 5 closed trades, 5 used call options. Our best documented SPOT result was a potential gain of +259% on SPOT MAR 08 2024 240.000 CALLS in Feb 13, 2024. Every one of these, wins and losses, is shown above and on our full track record. Past performance does not guarantee future results.
How weekly options work on SPOT
SPOT carries enough trading volume and open interest to support liquid weekly options, which is why it appears so often in our research. Weekly contracts give a defined, short window to trade a specific catalyst on SPOT, such as an earnings report, a product event or a technical breakout, without paying for the longer time value of a monthly option.
Because weeklies decay quickly, timing and risk control matter more than on longer contracts. Our published SPOT ideas always include an entry, an exit target and a stop, and the reasoning behind the trade, so the logic is transparent.
SPOT weekly options: common questions
Does SPOT (SPOT) have weekly options?
Yes. SPOT (SPOT) has weekly options listed on US exchanges. New contracts are added regularly and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
When do SPOT weekly options expire?
SPOT weekly options expire at the close of trading, 4:00 pm Eastern, every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
What is Weekly Options USA's track record on SPOT?
We have published 5 closed SPOT weekly options trade ideas, with a 100% win rate and an average potential gain of 107% across them. Every one is on our public track record. Past performance does not guarantee future results.
What are the best weekly options to trade on SPOT?
There is no single best contract. The right choice depends on your position size, timeframe and risk tolerance.
Experienced traders start with liquidity, looking at the daily volume and open interest of the specific option contract, not the stock itself. A lightly traded strike can be difficult to exit at a fair price, even if the trade idea is right.
Next comes the bid-ask spread. A wide spread adds cost both when entering and exiting the position.
Then there is time to expiry. Time decay becomes increasingly important as a weekly option approaches expiration, particularly in the final days.
Finally, there needs to be a reason for the stock to move within that timeframe. Earnings, a product announcement or a significant technical level may provide a catalyst. Without one, the option can lose time value while the stock goes nowhere.
How do I trade weekly options on SPOT?
Weekly options on SPOT are traded through any US options brokerage, in the same account you would use for shares. Most brokers ask you to apply for options approval first. This is general information, not personal advice; you make your own decisions.
Other stocks we have documented trades on
The full list is on weekly options by stock.
Get our next SPOT trade idea
Members receive researched weekly options trade ideas on SPOT and other actively traded stocks, with entry, exit and risk guidelines and the reasoning behind them.
See membershipWeekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.