Weekly options by stock · WORK
Slack Technologies (WORK) Weekly Options
Last WORK trade alerted Sep 7, 2020
Slack Technologies (WORK) no longer trades under WORK. 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 WORK, and how its weekly options work.
Our documented WORK track record
Every WORK 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 one WORK trade, too few to quote a win rate from, so the trade is shown instead. Past performance does not guarantee future results.
Recent WORK weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Sep 7, 2020 | WORK Sep 11 2020 $25.00 PUTS | $0.61 | $1.49 | +144% |
Our WORK weekly options trading history
We published a documented WORK weekly options trade on Sep 7, 2020. Across 1 closed trade, 1 used a put option. Our best documented WORK result was a potential gain of +144% on WORK Sept 11 2020 25.000 PUT, published Sep 7, 2020. 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 WORK record shows
We have published one documented WORK position, a put alerted in 2020, and it closed at +144%. One trade is a data point rather than a pattern, so it says nothing about how WORK behaves in general. It is here because everything we publish stays published, winners and losers alike.
How weekly options work on WORK
WORK has weekly options listed, and a weekly contract gives a short, defined window to trade a specific event rather than paying for a month of time value. Whether it suits any particular trade is a question for the option chain on the day, not for one past position.
Our published WORK 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.
WORK weekly options: common questions
Does Slack Technologies (WORK) have weekly options?
Slack Technologies (WORK) no longer trades under WORK. While it did, it had weekly options listed on US exchanges, expiring every Friday the market was open.
When do WORK weekly options expire?
WORK no longer trades under that ticker, so no new WORK 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 WORK?
We have published one closed WORK weekly options trade idea, 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 WORK?
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 WORK?
Weekly options on WORK 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.