by Tom Ventresca | Dec 7, 2020 | 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...
by Tom Ventresca | Dec 7, 2020 | 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 | Dec 6, 2020 | Mr. Seifert Sez
Global Markets Rally on Vaccine Rollout 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....
by Tom Ventresca | Dec 6, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $15,000 Week Ending: 12/04/20 $ Total Profit/Loss For Week: -$8 % Total Profit/Loss For Week: -0.1% % Winning Trades For Week: 60.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 48.8% Optionomics...
by Tom Ventresca | Dec 3, 2020 | 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....