by Tom Ventresca | Aug 17, 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 | Aug 17, 2020 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bullish Put Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bullish Market Edge Opinion – Long Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM Put – Long ATM -1 Put (Bullish Put Credit Spread)...
by Tom Ventresca | Aug 17, 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 | Aug 16, 2020 | Mr. Seifert Sez
S&P 500 Flirts With Record High The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Back and forth trading left the major averages mixed this week as investors watched Congress agree to a summer break,...
by Tom Ventresca | Aug 16, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 08/14/20 $ Total Profit/Loss For Week: -$51 % Total Profit/Loss For Week: -0.3% % Winning Trades For Week: 50.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 35.7% Optionomics...