by Tom Ventresca | Aug 20, 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 18, 2019 | The Scoreboard
Last Week’s Results: Traders Plays Week Ending: 08/16/19 Risk Capital: $20,000 Performance For Week End: 08/16/19 $ Total Profit/Loss For Week: -$509 % Total Profit/Loss For Week: -2.5% Win % For Week: 0.0% Average # Trades Per Week: 5 Performance Since...
by Tom Ventresca | Aug 18, 2019 | Mr. Seifert Sez
Trump’s Folly? March 30, 1867 the United States Secretary of State William Seward reached an agreement with Russia to purchase Alaska from The Czar for a price of $7.2 million dollars. Critics of the deal referred to it as “Seward’s Folly” and claimed...
by Tom Ventresca | Aug 16, 2019 | The Low Cost Put Hedge, Uncategorized
Quick Take: Low Cost Bearish Call Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bearish Market Edge Opinion – Short Stock Position. Desired Stock Price Direction: Sideways to Down. Option Position: Short ATM Call – Long ATM +1 Call (Bearish Call Credit...
by Tom Ventresca | Aug 16, 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...
