by Tom Ventresca | Jul 8, 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 | Jul 8, 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 | Jul 7, 2019 | Mr. Seifert Sez
The New Washington Circus: The Census! Here we go again with a new circus in Washington. We couldn’t wait for the Mueller report to unfurl on July 17th and now we need something better. How about the census report of 2020? Census reports have been taking place since...
by Tom Ventresca | Jul 7, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 07/05/19 Risk Capital: $20,000 Performance For Week Ending: 07/05/19 $ Win For Week: $886 $ Loss For Week: -$363 $ Total Profit/Loss For Week: $523 % Total Profit/Loss For Week: 2.6% Win %...
by Tom Ventresca | Jul 5, 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...
