by Tom Ventresca | Nov 17, 2019 | Mr. Seifert Sez
Where Did The $40 Billion Go? There have been some spectacular failures in the wild and wacky world of tech startups (check Uber and Lyft) but nothing can top the implosion of WeWork and its arrogant CEO Adam Neuman. Mr. Neuman had been at the helm of two other...
by Tom Ventresca | Nov 17, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 11/14/19 Risk Capital: $20,000 YTD S&P 500 % Gain/Loss: 25.5% Performance For Week End: 11/14/19 $ Total Profit/Loss For Week: $384 % Total Profit/Loss For Week: 1.9% Win % For Week: 100.0% Performance...
by Tom Ventresca | Nov 14, 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 | Nov 11, 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 | Nov 11, 2019 | 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...
