by Tom Ventresca | Jun 6, 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 | Jun 3, 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 3, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 05/31/19 Risk Capital: $20,000 $ Win For Week: $132 $ Loss For Week: -$1,066 $ Total Profit/Loss For Week: -$934 % Total Profit/Loss For Week: -4.7% Win % For Week: 50.0% Average # Trades Per Week: 5 Performance Since...
by Tom Ventresca | Jun 2, 2019 | Mr. Seifert Sez
Has The Big Bull Finally Hit The Wall? On Friday March 9, 2009 I was playing golf with my brother on the Merit course in Palm Springs California when I got a call from my trading partner. He said that the DJIA had turned around and rallied over 300 points in the...
by Tom Ventresca | May 31, 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...