by Tom Ventresca | Nov 29, 2020 | Mr. Seifert Sez
Major Averages Post New Record 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...
by Tom Ventresca | Nov 29, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $15,000 Week Ending: 11/27/20 $ Total Profit/Loss For Week: $177 % Total Profit/Loss For Week: 1.2% % Winning Trades For Week: 66.7% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 46.4% Optionomics...
by Tom Ventresca | Nov 24, 2020 | Blow Off Tops/Bottoms
Quick Take: Blow Off Bottom – Bullish Trade Time Frame: Three To Seven Days. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Short Expiring ATM Put – Long Expiring ATM -2 Put...
by Tom Ventresca | Nov 23, 2020 | 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 23, 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...
