by Tom Ventresca | May 23, 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 | May 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...
by Tom Ventresca | May 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 | May 19, 2019 | Mr. Seifert Sez
Can Anyone Say 1999 Again? Markets always repeat. You can go back hundreds of years and the market psychology never changes. There is always a new idea that will change the way the world thinks. In some cases, it is correct, and the world does change for the...
by Tom Ventresca | May 19, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 05/17/19 Risk Capital: $20,000 $ Win For Week: $87 $ Loss For Week: -$1,149 $ Total Profit/Loss For Week: -$1,062 % Total Profit/Loss For Week: -5.3% Win % For Week: 20.0% Average # Trades...