by Tom Ventresca | May 2, 2021 | Mr. Seifert Sez
Stocks Stumble Into May 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 following is...
by Tom Ventresca | May 2, 2021 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $14,000 ($3,500 For Each Of The Strategies) Week Ending: 04/30/21 Total Dollar Profit/Loss For Week: -$184 % Total Profit/Loss For Week: -1.3% % Winning Trades For Week: 0.0% Performance Since:...
by Tom Ventresca | Apr 26, 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 | Apr 26, 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 | Apr 26, 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...