by Tom Ventresca | May 26, 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 | May 24, 2020 | Mr. Seifert Sez
The Rally Rolls On The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Global equities soared to start the week after biotech Moderna (MRNA) announced positive results for a vaccine against the coronavirus. Also...
by Tom Ventresca | May 24, 2020 | The Scoreboard
Last Week’s Results: Traders Plays Risk Capital: $20,000 Week Ending: 05/22/20 $ Total Profit/Loss For Week: -$1,218 % Total Profit/Loss For Week: -6.1% % Winning Trades For Week: 16.7% Performance Since: 01/04/19 S&P 500 % Gain/Loss: 18.9%...
by Tom Ventresca | May 18, 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 | May 18, 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...