by Tom Ventresca | Jan 29, 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 | Jan 28, 2019 | The Low Cost Put Hedge
Quick Take: Low Cost Bullish Put Hedge Strategy Time Frame: One to Twelve Weeks. Stock: Bullish Market Edge Opinion – Long Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM Put – Long ATM -1 Put (Bullish Put Credit Spread)...
by Tom Ventresca | Jan 28, 2019 | 21st Century Covered Calls
This Week’s 21st Century Covered Call Selections There are two new selections this week: UTX & IWM Market Edge Opinion: UTX-The technical condition of UTX is improving as several of the pertinent indicators have turned positive and the stock appears to be under...
by Tom Ventresca | Jan 28, 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 | Jan 27, 2019 | The Scoreboard
Last Week’s Scoreboard: Short-Term Trades Week Ending: 01/25/19 Risk Capital: $20,000 Week $ Win: $437 Week $ Loss: $0 Week $ Profit/Loss: $437 Week % Profit/Loss: 2.2% Week – Win %: 100.0% Performance Since—-> 01/04/19 S&P 500 Gain/Loss %: 7.2%...
