by Tom Ventresca | May 23, 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 | May 23, 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 | May 22, 2022 | The Scoreboard
Last Week’s Results: Traders’ Plays Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 05/20/22 Total Dollar Profit/Loss For Week: -$362 % Total Profit/Loss For Week: -2.6% % Winning Trades For Week: 40.0% Performance Since: 01/04/19...
by Tom Ventresca | May 22, 2022 | Mr. Seifert Sez
S&P 500 Teeters On Bear Market The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). 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...
by Tom Ventresca | May 19, 2022 | One Day Wonder
Quick Take: One Day Wonder – Bullish Trade Time Frame: One Day. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call....
