by Tom Ventresca | Aug 26, 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 | Aug 25, 2019 | Mr. Seifert Sez
Maybe UBS Should Have Called It NO! It never fails. The lure of easy money selling naked options has proven time after time to be a loser. Perhaps you recall a firm called Bear Sterns or Lehman Brothers, Long Term Capital or the Granddaddy of them all AIG. These...
by Tom Ventresca | Aug 25, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 08/22/19 Risk Capital: $20,000 Performance For Week End: 08/22/19 $ Total Profit/Loss For Week: $814 % Total Profit/Loss For Week: 4.1% Win % For Week: 75.0% Performance Since Week End: 01/04/19 YTD...
by Tom Ventresca | Aug 22, 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 | Aug 20, 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...
