by Tom Ventresca | Jul 6, 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 | Jul 5, 2020 | Mr. Seifert Sez
NASDAQ Rockets To Record High The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Stocks were sharply higher this week as economic data pointed to an economy on the rebound. Strong housing data, better than...
by Tom Ventresca | Jul 5, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 07/03/20 $ Total Profit/Loss For Week: $224 % Total Profit/Loss For Week: 1.1% % Winning Trades For Week: 100.0% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 25.9% Optionomics...
by Tom Ventresca | Jun 29, 2020 | Bull/Bear Spreads
Quick Take: Bullish Credit Spread Trade Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position: Bullish Put Credit Spread. Maximum Risk: The difference between the...
by Tom Ventresca | Jun 29, 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...
