by Tom Ventresca | Sep 19, 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 | Sep 18, 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 | Sep 17, 2023 | Mr. Seifert Sez
The following is an excerpt from this week’s ‘Weekly Market Letter’ from Market Edge (www.marketedge.com). Major Averages Struggle As Inflation Rears Its Head The economy countered hotter inflation with stronger than expected economic data this week that kept...
by Tom Ventresca | Sep 17, 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: 09/15/23 4450.32 S&P 500:...
by Tom Ventresca | Sep 11, 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:...
