I love weekly options, in the fact they are like a lotto ticket. With every click of the mouse a trade is done, you have a chance of winning at least a couple thousand buckaroos -- or breakeven to flat.

Weekly options have a good percentage of odds in your favor, if done correctly. Best time to trade the weekly options is during the last two days of trading life of the option, which is on Thursday and Friday. This trade must be closed out before the closing bell on friday or you'll have a total loss of the weekly option.