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It can largely be credited for lifting the technology sector higher and legitimizing the AI boom since its unexpected blowout in fiscal Q1 2024 earnings.

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To succeed in trading weekly options, it is fundamental that you either have a solid basic understanding of the answer to this question, and/or have access to expert guidance.

In the most general sense, weekly options work in the same way as monthly options.

In order to explain what weekly options are, let’s go right back to the beginning of this equation, and look at where they start from. Options in general are what’s known as a derivative, which means that they are a financial instrument that are based on stocks or shares of companies which are listed on the stock market.

Owning a stock or a share is essentially like owning a tiny piece of a company, which means that if the company makes money, then your shares increase in value.

Likewise, if the company isn’t doing well, then your shares become less valuable.

Starbucks strategically expands its market presence by opening stores, renovating existing ones, leveraging technology, cost management and fostering innovation.

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An option is also frequently referred to as a stock option, or an equity option, and it is important to understand the difference between buying options and buying shares of stocks.