by Tom Ventresca | Dec 23, 2019 | 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 | Dec 22, 2019 | Mr. Seifert Sez
After a rough 2 ½ year fight with cancer, Mr. Seifert passed away on December 7, 2019. We will miss him big time! The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Trade Deal Energizes Bulls The stock market...
by Tom Ventresca | Dec 22, 2019 | The Scoreboard
Last Week’s Results: Traders Plays 12/21/19 Risk Capital: $20,000 YTD S&P 500 % Gain/Loss: 29.6% Performance For Week End: 12/21/19 $ Total Profit/Loss For Week: -$234 % Total Profit/Loss For Week: -1.2% Win % For Week: 50.0% Performance Since Week...
by Tom Ventresca | Dec 16, 2019 | 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 | Dec 16, 2019 | 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...
