Everest Re Group (RE) Weekly Options
Last RE trade alerted May 22, 2024
Everest Re Group (RE) no longer trades under RE. While it did, its weekly options traded 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 RE, and how its weekly options work.
Our documented RE track record
Every RE trade we have published, wins and losses alike. “Potential gain” is measured from a recorded entry price to a recorded exit price; individual results vary. We have published 2 RE trades, too few to quote a win rate from, so the trades are shown instead. Past performance does not guarantee future results.
Recent RE weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| May 22, 2024 | RE-BOUGHT GOOGL JUN 28 2024 180.000 CALLS | $2.35 | $5.85 | +149% |
| Apr 22, 2021 | Re-buy LMND APR 30 2021 90.000 CALLS | $1.53 | $10.4 | +580% |
Our RE weekly options trading history
We have published documented RE weekly options trades from Apr 22, 2021 to May 22, 2024. Across 2 closed trades, 2 used call options. Our best documented RE result was a potential gain of +580% on Re-buy LMND APR 30 2021 90.000 CALLS, published Apr 22, 2021. The most recent are shown above, and every one, wins and losses, is on our full track record. Past performance does not guarantee future results.
What our RE record shows
We have published 2 documented RE positions, across 2 years, from 2021 to 2024, every one of them a call. The median RE potential result is +365%, above the +83% median across our whole record. The range runs from +149% to +580%. None of them closed at a loss, which is unusual and is not a forecast.
How weekly options work on RE
RE has come up a handful of times in our research, across 2 closed positions. Every published RE position has been a call, so the record here is a directional one and should be read that way. Weekly contracts decay faster than monthlies, so on a name like this the entry, the exit and the stop matter more than the direction alone.
Our published RE ideas carry entry parameters, exit guidelines and a stop, and the reasoning behind the trade, so the logic is on the page rather than implied.
RE weekly options: common questions
Does Everest Re Group (RE) have weekly options?
Everest Re Group (RE) no longer trades under RE. While it did, it had weekly options listed on US exchanges, expiring every Friday the market was open.
When do RE weekly options expire?
RE no longer trades under that ticker, so no new RE weekly options are listed. While it traded, its weekly options expired at the close of trading on Fridays.
What is Weekly Options USA's track record on RE?
We have published 2 closed RE weekly options trade ideas, listed below with the contract, the entry and the exit. That is too small a sample to quote a win rate from. Explore published closed model outcomes across stocks on our public results page, with a guide to reading the figures. Past performance does not guarantee future results.
What are the best weekly options to trade on RE?
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 RE?
Weekly options on RE 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.
Weekly 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.