by Tom Ventresca | May 13, 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 13, 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...
by Tom Ventresca | May 13, 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 12, 2019 | Mr. Seifert Sez
Rough Week On The Street As Uber Flops. Anyone that has every purchased a stock or bond knows that the market never goes in the same direction forever. This past week was a prime example. Worries about international peace, trade agreements between China and the...
by Tom Ventresca | May 12, 2019 | The Scoreboard
Last Week’s Results: Traders Week Ending: 05/10/19 Risk Capital: $20,000 $ Win For Week: $145 $ Loss For Week: -$1,344 $ Total Profit/Loss For Week: -$1,199 % Total Profit/Loss For Week: -6.0% Win % For Week: 37.5% Average # Trades...