by Tom Ventresca | Sep 27, 2022 | 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 26, 2022 | Billionaire Trade
Quick Take: The Bullish – Billionaire, Risk Reversal Strategy Holding Period: One to twelve weeks. Stock: Bullish Market Edge Opinion – No stock position. Option Positions: Two separate transactions. 1) Combo Trade: Long a 75–90 day ATM call, short a 75–90 day ATM put...
by Tom Ventresca | Sep 26, 2022 | SPY Power Plays
Below is a summary of the particulars of The SPY – Short Term Power Play Trades. The trades are initiated on either Monday or Wednesday. Bullish – SPY Short-Term Power Plays: Short a Wednesday or Friday ATM +1 call. Long Friday or Monday, ATM -1 call. Underlying...
by Tom Ventresca | Sep 26, 2022 | 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 24, 2022 | The Scoreboard
Last Week’s Results: Traders’ Plays Risk Capital: $14,000 ($3,500 Per Strategy) Week Ending: 09/23/22 Total Dollar Profit/Loss For Week: -$2,059 % Total Profit/Loss For Week: -14.7% % Winning Trades For Week: 0.0% Performance Since: 01/04/19...
