Options, or commonly called “Weeklys”, are options listed with expiration dates that fall within a period of six weeks, different from traditional options that
have a life of months or years before expiration.
for Weeklys are listed each Thursday and expire the Friday six weeks later, except
that no Weeklys will be listed that would expire during the expiration week for
standard options (the third Friday of each month).
time to expiration, Weeklys generally have the same contract specifications and
offer the same continuous, two-sided quotes as standard options.
carry the same rights and obligations as standard calls and puts. The only
difference is that the expiration time frame is shorter. Weeklys are typically
released on Thursday (eg. If issued on Thursday, June 24th) and will expire the
following Friday (July 2nd).
trading is the very basis of this site. Getting the most out of your trading,
whether you are bullish or bearish on the market is extremely important if you
wish to be profitable; particularly in the arena of options trading.
many advantages to option trading as an investment strategy. One of the main
advantages is that trading options requires you to commit less capital to an
investment than a stock or other type of market trade requires.
market is moving up, down or sideways, there are many reasons that trading
stock options can offer great opportunities to the investor.
USING WEEKLY OPTIONS
be used in various strategies, just like standard options. These strategies
include Covered Calls, Collars, Married Puts, Vertical Spreads, condors and
Butterfly Positions. The premiums will be slightly lower compared to the
standard expiration options, due to the lower time value.
BENEFITS OF WEEKLY OPTIONS TRADING
of Weeklys provides greater trading flexibility and precision timing from
are available every Friday(except the third week), plus the last business day
of the month.
expiration choices offer greater access, flexibility
expire on the first, second, and now fourth Fridays of every month, the
expanded line-up of European-style Weekly Options complement existing
quarterly, serial and end-of-month options to give you up to five expirations
each month on the benchmark S&P 500 Index.
timing from shorter durations.
expirations provide precise, strategic tools to help you capitalize on market
movements stemming from new economic releases or market events and continue to
grow in popularity with market participants.
end-of-month options, Weeklys offer European-style exercise and prohibit
contrarian instructions -- meaning that, at expiration, all in-the-money
options are automatically exercised and all out-of-the money options are
WINNING WITH WEEKLY OPTIONS
When trading weekly options, you need up-to-the-minute
knowledge of the events affecting the market, as well as an understanding of
which weekly options to trade, how much to pay for these trades, what strategies
to use, and when to enter and exit each trade.
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