by Tom Ventresca | Jun 17, 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 | Jun 17, 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 | Jun 17, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 06/14/19 Risk Capital: $20,000 $ Win For Week: $804 $ Loss For Week: -$108 $ Total Profit/Loss For Week: $696 % Total Profit/Loss For Week: 3.5% Win % For Week: 80.0% Average # Trades Per...
by Tom Ventresca | Jun 17, 2019 | Mr. Seifert Sez
Can’t We Get Along? Things got testy again this week with our good friend Iranian President Hassan Rouhani and Mr. Trump sparring over who is causing Oil tankers to blow up in the Strait of Hormuz. According to the President of Iran the problem is being caused...
by Tom Ventresca | Jun 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...
