by Tom Ventresca | May 20, 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 | May 17, 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 | May 17, 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 | May 17, 2021 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bearish Call Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bearish Market Edge Opinion – Short Stock Position. Desired Stock Price Direction: Sideways to Down. Option Position: Short ATM Call – Long ATM +1 Call (Bearish Call Credit...
by Tom Ventresca | May 17, 2021 | 21st Century Covered Calls
Quick Take: 21st Century Covered Call Strategy Time Frame: One to Eight Weeks. Stock: Bullish Market Edge Opinion – Long Stock position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM Call – Long ATM +2 Call (Credit Spread). Maximum...