Weekly options are a type of option with a very limited life. These options are issued on Thursdays and are set to expire on the Friday of the following week. Due to their short life, weekly options have a very low time premium allowing traders to take advantage expiration week volatility every week.
Weeklys are the perfect choice for any day trader looking to make profit in any market. These unique options enjoy the volatility of traditional options, however, they have almost no time value. If you are familiar with trading traditional options or day trading stocks, our weekly options are perfect for you. Our options trading strategy is exclusively focused on weeklys for their explosive nature and high profit potential.
When a weekly option is listed on Thursday, it has high time value and low profit potential. As the option matures, its time value decreases while its profit potential increases. On Friday of the following week, the option has matured and has almost no time value and thus exponential profit potential. Our weekly option picks are always issued on the the final day of expiration meaning that the option will expire the same day. By issuing our alerts at this time, we have the highest profit potential and the least time value.