by Tom Ventresca | Jul 22, 2024 | SPY Power Plays
Below is a summary of the particulars of The SPY – Short Term Power Play Trades. The trades are initiated on either Monday or Wednesday. Bullish – SRO-SPY Short Term Plays: Short a Wednesday or Friday ATM +1 call. Long Friday or Monday, ATM -1 call. Underlying...
by Tom Ventresca | Jul 17, 2024 | SPY Power Plays
Below is a summary of the particulars of The SPY – Short Term Power Play Trades. The trades are initiated on either Monday or Wednesday. Bullish – SRO-SPY Short Term Plays: Short a Wednesday or Friday ATM +1 call. Long Friday or Monday, ATM -1 call. Underlying...
by Tom Ventresca | Jul 15, 2024 | 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 | Jul 15, 2024 | SPY Power Plays
Below is a summary of the particulars of The SPY – Short Term Power Play Trades. The trades are initiated on either Monday or Wednesday. Bullish – SRO-SPY Short Term Plays: Short a Wednesday or Friday ATM +1 call. Long Friday or Monday, ATM -1 call. Underlying...
by Tom Ventresca | Jul 11, 2024 | 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....