by Tom Ventresca | Oct 14, 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 | Oct 14, 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 | Oct 14, 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 | Oct 14, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 10/11/19 Risk Capital: $20,000 Performance For Week End: 10/11/19 $ Total Profit/Loss For Week: $1,340 % Total Profit/Loss For Week: 6.7% Win % For Week: 100.0% Performance Since Week End: 01/04/19 YTD...
by Tom Ventresca | Oct 14, 2019 | Mr. Seifert Sez
What is Mr. Trump Doing? Sometimes it is tough to imagine what Mr. Trump is thinking. His latest one is the new war in Turkey. Although we are the Kurdish forces main supporters and suppliers of weapons, it appears that Mr. Trump is willing to cede power to...