by Tom Ventresca | Aug 15, 2022 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position:...
by Tom Ventresca | Aug 15, 2022 | Blow Off Tops/Bottoms
Quick Take: Blow Off Bottom – Bullish Trade Time Frame: Three To Seven Days. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Short Expiring ATM Put – Long Expiring ATM -2 Put...
by Tom Ventresca | Aug 15, 2022 | Uncategorized
Below is a summary of the particulars of The SPY – Short Term Power Play Trades. The trades are initiated on either Monday or Wednesday. Bullish – SPY Short-Term Power Plays: Short a Wednesday or Friday ATM +1 call. Long Friday or Monday, ATM -1 call. Underlying...
by Tom Ventresca | Aug 13, 2022 | The Scoreboard
Last Week’s Results: Traders’ Plays Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 08/12/22 Total Dollar Profit/Loss For Week: $415 % Total Profit/Loss For Week: 3.0% % Winning Trades For Week: 55.6% Performance Since: 01/04/19...
by Tom Ventresca | Aug 13, 2022 | Mr. Seifert Sez
CNBC has revised their Option Action show which is aired every weekday night at 5:30. They have really beefed up the Friday show to the point that we think it is one of the best option oriented shows on the air. Check it out. Stocks Rally on Inflation Dip The...
