by Tom Ventresca | Dec 16, 2019 | One Day Wonder
Quick Take: One Day Wonder – Bullish Trade Time Frame: One Day. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Up. Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call....
by Tom Ventresca | Dec 15, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 12/13/19 Risk Capital: $20,000 YTD S&P 500 % Gain/Loss: 27.5% Performance For Week End: 12/13/19 $ Total Profit/Loss For Week: -$444 % Total Profit/Loss For Week: -2.2% Win % For Week: 40.0%...
by Tom Ventresca | Dec 15, 2019 | Mr. Seifert Sez
Record Highs On Trade Deal After a rough 2 ½ year fight with cancer, Mr. Seifert passed away on December 7, 2019. We will miss him dearly. The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Investors were...
by Tom Ventresca | Dec 9, 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...
by Tom Ventresca | Dec 9, 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...