by Tom Ventresca | Jan 13, 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 | Jan 13, 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 | Jan 13, 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 | Jan 12, 2020 | The Scoreboard
Last Week’s Results: Traders Plays 01/10/20 Risk Capital: $20,000 S&P 500 % Gain/Loss: 30.3% Performance For Week End: 01/03/20 $ Total Profit/Loss For Week: -$958 % Total Profit/Loss For Week: -4.8% Win % For Week: 33.3% S&P 500 % Gain/Loss:...
by Tom Ventresca | Jan 12, 2020 | Mr. Seifert Sez
Dow Bumps 29000 The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Investors shrugged off the spat between Iran and the US and continued to pile into equities this week. An overnight 400-point drop in the...
