by Tom Ventresca | Dec 17, 2018 | 21st Century Covered Calls
Quick Take: 21st Century Covered Call Strategy Time Frame: One to Four Weeks. Stock: Bullish Market Edge Opinion – Long Stock position. Desired Stock Price Direction: Sideways to Up. Option Position: Short ATM +1 Call – Long ATM +2 Call (Credit Spread). Maximum...
by Tom Ventresca | Dec 17, 2018 | The Scoreboard
Last Week’s Scoreboard: Short-Term Trades Risk Capital: $20,000 Week $ Win: $155 Week $ Loss: -$940 Week $ Profit/Loss: -$785 Week % Profit/Loss: -3.9% Annualized % Profit/Loss: -30.1% Week – Win %: 50.0% Bullish Trades Bearish Trades Blow Off Bottoms-Bullish...
by Tom Ventresca | Dec 17, 2018 | 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 | Dec 17, 2018 | 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 | Dec 17, 2018 | 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...
