by Tom Ventresca | Apr 11, 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 | Apr 9, 2022 | Mr. Seifert Sez
Hawkish Fed Comments Sink Stocks 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. The...
by Tom Ventresca | Apr 9, 2022 | The Scoreboard
Last Week’s Results: Traders’ Plays Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 04/08/22 Total Dollar Profit/Loss For Week: $98 % Total Profit/Loss For Week: 0.7% % Winning Trades For Week: 60.0% Performance Since: 01/04/19...
by Tom Ventresca | Apr 7, 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....
by Tom Ventresca | Apr 6, 2022 | SPY Power Plays
Quick Take: The SPY Bullish Power Play Trade Time Frame: Three Days. Underlying Index – SPY: Bullish Market Edge Opinion – No Stock Position. Desired Price Direction: Up. Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call....