by Tom Ventresca | Jun 21, 2022 | Billionaire Trade
Quick Take: The Bullish – Billionaire, Risk Reversal Strategy Holding Period: One to twelve weeks. Stock: Bullish Market Edge Opinion – No stock position. Option Positions: Two separate transactions. 1) Combo Trade: Long a 75–90 day ATM call, short a 75–90 day ATM put...
by Tom Ventresca | Jun 18, 2022 | Mr. Seifert Sez
Stocks Slide After Fed Rate Hike CNBC has revised their Friday Option Action show which is aired weekly at 5:30. The show has been beefed up to the point that we think it is one of the best option oriented shows on the air. Check it out. The following is an excerpt...
by Tom Ventresca | Jun 18, 2022 | The Scoreboard
Last Week’s Results: Traders’ Plays Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 06/17/22 Total Dollar Profit/Loss For Week: $169 % Total Profit/Loss For Week: 1.2% % Winning Trades For Week: 60.0% Performance Since: 01/04/19...
by Tom Ventresca | Jun 13, 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 | Jun 13, 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:...
