by Tom Ventresca | Nov 21, 2021 | Mr. Seifert Sez
Major Averages Mixed As Rally Struggles Near Highs 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...
by Tom Ventresca | Nov 18, 2021 | 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 | Nov 15, 2021 | 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 | Nov 15, 2021 | 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 | Nov 15, 2021 | The Scoreboard
Last Week’s Results Traders Plays: Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 11/12/21 Total Dollar Profit/Loss For Week: -$277 % Total Profit/Loss For Week: -2.0% % Winning Trades For Week: 0.0% Performance Since: 07/12/19 S&P 500 %...
