by Tom Ventresca | Oct 16, 2023 | 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 | Oct 16, 2023 | Bull/Bear Spreads
Quick Take: Bullish Put Credit Spread Trade Short weekly expiring ATM put, long weekly expiring ATM -2 put. Time Frame: One Week. Underlying Stock: Bullish Market Edge Opinion – No Stock Position. Desired Stock Price Direction: Sideways to Up. Option Position:...
by Tom Ventresca | Oct 15, 2023 | The Scoreboard
Last Week’s Results Traders Results Billionaire Risk Reversal Results Performance Since Week Ending 1/04/19 Performance Since Week Ending 04/12/19 S&P 500: 07/08/19 3013.17 S&P 500: 04/12/19 2907.41 S&P 500: 10/13/23 4327.78 S&P 500:...
by Tom Ventresca | Oct 15, 2023 | Mr. Seifert Sez
The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Stocks Finish Week Mixed on Mideast Conflict The major averages battled both high yields, as inflation data ticked higher in September, and rising tensions in...
by Tom Ventresca | Oct 12, 2023 | 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....